Half of the units being developed at the £5 million Chase Trade Park have been taken, it has been announced.
Daily Focus reported in May that national commercial property and investment company LCP had been given permission to build a 51,000 sq ft park in Burntwood.
Work has already begun on the derelict three-acre site to the west of Cannock Road and north of Robins Road.
Now LCP, part of M Core, has revealed that 50 per cent of the units have already been signed up, months ahead of completion.
Block A, which comprises 8,625 sq ft, is under offer to a national joinery company, and block D, which comprises 16,400 sq ft, is also being negotiated with an international manufacturing company.
Names of the tenants cannot yet be revealed.
Nick Bryson, director (industrial) at LCP, said work was progressing well on site.
“The site has now been cleared and remediated and the footings have already started being poured,” he said.
“We recognised the demand for units of this size in the area a while ago and are pleased to be in the process of finalising new tenants for half of the scheme.
“That bodes well for the remaining units and we are already in discussions with potential occupiers and hope to make further announcements in the coming weeks.”
Six units in block B and block C are still available.
The building programme started in July, with an expected practical completion date of spring 2024.