Construction has officially begun on a £20 million speculatively developed industrial and logistics unit at Tournament Fields Business Park in Warwick.

Barberry Industrial, the commercial property developer and investor behind the project, announced that Bromsgrove-based contractor Benniman has been appointed to deliver the 92,246 sq ft Grade A facility, known as Barberry Midbox 92. The development is located at Junction 15 of the M40 and is expected to generate investment and create dozens of jobs in the region.

Barberry secured the last remaining plot at the business park last year and received reserved matters planning permission from Warwick District Council. The new unit is set for completion in the fourth quarter of 2025 and is available for lease or purchase.

Jonathan Robinson, Barberry Development Director, said: "We are excited to announce that construction of our latest speculatively developed prime mid-box industrial and logistics building is now underway at Tournament Fields. Once again, we will be working alongside our trusted construction partner Benniman who expect to reach practical completion towards the end of this year.

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"The development of a best-in-class unit will help to address the ongoing shortage of new, high quality industrial accommodation in the West Midlands. New buildings such as this help to create the quality accommodation that local, regional and national businesses need to expand their operations within the Midlands.

"Our speculatively developed buildings are designed to be flexible space that can be adapted to suit a wide range of occupier specific requirements while promoting sustainability, staff wellness and a high-quality environment to attract and retain staff while also appealing to occupiers to reduce their carbon footprint and deliver financial savings across their operation.

"This high-quality development demonstrates Barberry's continued commitment to the mid-box industrial logistics sector and capability in the UK market."

Christian Smith, Director of Savills, added: "It's great working on another scheme with Barberry who have the foresight to speculatively develop in this location where there are no other available opportunities for occupiers. Barberry develops market leading buildings designed to the highest standards, built with flexibility in mind to cater for occupier specific requirements.

"We can also offer occupiers a unique freehold opportunity or leasehold options. We anticipate significant interest from a market starved of high quality, mid-box warehouse and production facilities on the M40 and M42 corridors."

Tournament Fields is already home to global businesses including Scholastic Publications, Gallagher Security, Semcon, Sodick, and Hansgrohe, who moved into their 36,000 sq ft facility in spring 2023.

The new development, marketed by Wareing & Company and Savills, is targeting top-tier sustainability standards, including EPC A+, BREEAM Excellent certification, EV charging points, solar panels, and outdoor staff facilities.