Temperature Control company snaps up Erdington warehouse
Temperature control solutions company ICS Cool Energy has snapped up a 42,000 ft2 midbox warehouse at developer Vengrove’s Avalon Point scheme at Erdington Industrial Park in Birmingham.
By Liza Helps, Property Editor, Logistics Matters
THE COMPANY has taken a new 10-year lease on Unit 1 which totals 42,538 ft2, at a headline rent of £12.50 per ft2.
Avalon Point was speculatively developed by Vengrove and completed last year. It comprises two prime mid-box warehouses built to BREEAM ‘Excellent’ specification and offering 10m eaves height, 44m secure yard and 500 kVA power supply.
Harris Lamb’s Neil Slade, who oversaw the letting, said: “The new build mid-box market has been a little lethargic, perhaps consequential to the compounded political and economic uncertainties we have faced but there is recent positive take-up in the second quarter of 2025 with a number of secondary unit lettings. However, this is the first speculative mid-box deal and – we believe – one of the best ever rents secured within the Birmingham commercial marketplace.
“Despite a number of competitive opportunities within the region, ICS was attracted to the property due to its high specification new-build credentials, its superb location and ability to occupy quickly.”
The 58,066 sq ft Unit 2 Avalon Point is now the only remaining opportunity and benefits from 72 car parking spaces, HGV parking, dock and level access doors and secure loading yard.
Joint agents are Harris Lamb and Darby Keye.
