Logistics company snaps up Wolverhampton shed

By Liza Helps Property Editor Logistics Matters

THE SCHEME, which was funded by Knight Frank Investment Management and Local Pensions Partnership Investment, has been let on a 15 year lease and will act as a new hub for the logistics company. The 113,470 ft2 building formed one of three new units on a 12-acre site known at Hilton Cross Business Park, Wolverhampton. 

It was built to BREEAM Excellent and EPC A rating. Romac Logistics’ owner Rob McAdoo said: “This strategic move represents a significant milestone in Romac Logistics’ journey and reflects our commitment to providing pioneering and sustainable end-to-end logistics solutions while meeting the evolving needs of our customers.”

Barberry acquired the site from South Staffordshire Council for an undisclosed sum. 

Knight Frank Investment Management (KFIM) acquired the site for its client Local Pensions Partnership Investment in 2022 with a forward commitment to buy the completed buildings and has since worked with Barberry to secure lettings over all three units. 

The joint letting agents were Harris Lamb, Bulleys and JLL. 

Romac Logistics is a leading chilled and ambient food and drink 3PL specialist with a mission to provide high-quality, end-to-end, reliable and cost-effective solutions to customers. Formed in 2018, it has established itself as a rapidly growing business, offering first-class service.