A SECOND Sheffield business park has reached full occupancy according to the Sheffield office of Knight Frank.
St Paul’s Developments’ Smithy Wood Business Park has joined Mountcity Group’s nearby Thorncliffe Park development in putting up the “Full” sign, following the sale of 24,000 sq ft of warehousing to energy management specialist EMSc (UK).
The deal, which completes the first phase of the 50 acre development, will allow EMSc to consolidate operations on its three existing sites into one headquarters building.
Other occupants include Cutting and Wear and Samuel Grant, while a new facility is being built for parcel distributor DPD.
Rebecca Schofield, partner at the Sheffield office of agent for the scheme, Knight Frank, said: “The flexibility and location of accommodation at Smithy Wood is creating one of the city’s most vibrant business parks. It is also good to see a return to bespoke design and build projects such as those delivered for Cutting and Wear and the newly agreed development for DPD, both at the site.”
Dennis Enuson, development manager at St Paul’s Developments, said: “Completing the sale means that we can focus on development of the remainder of the site for the build-to-suit market.
“Ongoing construction of key infrastructure will allow us to respond easily to future requirements of up to 400,000 sq ft on a single development platform.”
Jeremy Robinson from Fowler Sandford, acted as joint agent on Smithy Wood.