Deals have been agreed on all three units at a newly-built industrial estate in Telford.
Redsun Projects recently completed the 80,000 sq ft Pioneer Park scheme, at the Halesfield Industrial Estate, which was developed on a speculative basis following a £4.5 million funding injection by the West Midlands Combined Authority (WMCA).
And deals have been reached on all three units after Smartwater Group took the first, 23,000 sq ft unit on a 10-year lease and unit two - which is 14,000 sq ft - was sold to Load Lock. The final, 40,000 sq ft building has been let to Sirane Ltd on a 10-year lease.
Pioneer Park is a Telford Land Deal project, a partnership between Telford & Wrekin Council, Homes England and the Marches Local Enterprise Partnership (LEP) formed in 2015, which brings forward sites, de-risks them and provides shovel ready development sites which are available to develop for employment and residential use.
Redsun acquired the two-hectare site from Homes England in a sale which was facilitated by Telford & Wrekin Council through the Land Deal and the project has created local employment opportunities in a variety of site roles.
Nick Wightman, director at Redsun Projects, said: "Securing occupiers for all three speculatively built units before completion demonstrates the strong uptake for high quality industrial buildings in Telford.
"Thanks to the funding provided by WMCA we have been able to build on the existing success of Halesfield Industrial Estate and attract more businesses to the scheme.
"Pioneer Park is an exemplar of what can be achieved when the right public funding is spent in the right way and we very much look forward to working with WMCA in the future."
Ed Bradburn, investment director at FDC, which manages the fund on behalf of WMCA, said: "It's great to see this speculative scheme securing occupiers before completion, exactly what the funds under our management are designed for.
"Redsun's Pioneer Park is another example of the WMCA funds supporting the development of much-needed industrial warehousing in the West Midlands, creating further jobs and enhancing investment into the region. We look forward to working closely with Redsun in the future."
Councillor Lee Carter, Telford & Wrekin Council's cabinet member for neighbourhood services, regeneration and the high street, said: "It's really pleasing to see Pioneer Park come to fruition and all three units on the site being secured.
"The Telford Land Deal partnership has created hundreds of jobs and this development at Halesfield is another example of the employment opportunities and new business which the project has brought and continues to bring to Telford."
