Logistics giant DPD is set to open a new operation in the Black Country.
Birmingham-based Trebor Developments and investment manager Schroders Capital have agreed terms with DPD to build a new 60,000 sq ft parcel facility on Revolution Park in Wolverhampton.
Revolution Park was launched last year after planning consent was awarded for a four-unit industrial scheme but, following a marketing exercise, a deal was struck with DPD for a warehouse which will now occupy the majority of the 10.5-acre site.