A warehouse and industrial unit developer has moved to new offices on the outskirts of Leicester.
Tungsten Properties has relocated from Hinckley to Grove Park, which is close to the Fosse Park shopping centre and junction 21 of the M1.
To coincide with the move the business has appointed Luke Davenport as associate development director to bolster its development team - taking its team of development managers to six.
Mr Davenport is an experienced development surveyor and has joined from Henry Boot Developments where he has worked for almost 10 years on projects including Butterfield Business Park, in Luton and Airport Business Park, Southend.
Tungsten Properties was founded in 2005 with a team of two and today has 10 staff and a current work in progress pipeline of 31 projects totalling 6.1 million sq ft, covering an area spanning from Merseyside to East Sussex.
To make space for its expansion, it has taken 4,702 sq ft at Gateway House, Penman Way, on a five-year lease from Custodian REIT.
Managing director Jeff Penman said: “There’s no getting away from the current and exceptionally high demand in the industrial and warehousing market.
“In the last few years, our business has seen rapid growth as we have built our development pipeline with some innovative projects under our belt creating both jobs and providing investor returns.
“We warmly welcome Luke to our team. His depth of experience and sector knowledge will be an invaluable addition.
“Our move to Leicester represents a significant milestone in our evolution and, with purposefully designed new space, it’s a great place for our team to continue to thrive and a place to warmly welcome our investors, agents, suppliers and friends.
“My thanks to everyone who has been part of this journey and here’s to the next chapter.”
Jenny Clarke acquired the space on behalf of Tungsten, with Mike Allwood of Andrew & Ashwell acting for Custodian REIT. Vision Projects completed the fit-out for Tungsten Properties.
