Apex@i54, West Midlands
Project Specifications
- Client: Morris and Company
- Gross Development Value: £8.35m
- Architect: DPS
- Sector: Commercial & Industrial
- Completion Date: November 2021
Apex@54: Prime Industrial Investment, i54 Business Park, West Midlands
The investment sale of Apex@54, a 67,888 ft2 Grade-A manufacturing facility at the award-winning i54 Business Park, was completed in Summer 2025 to LondonMetric Property Plc
Designed and built in-house by Morris Property’s construction team and completed in 2021, Apex@54 combined a high quality specification at an unrivalled Midlands address.
The sustainable design approaches used in the construction of the steel-framed unit exceeded environmental compliance which enhanced manufacturing capacity and operational efficiency for the occupier.
Prominently positioned fronting the M54 motorway, with fast connectivity to the M5 and M6 motorways, the scheme also offered outstanding visibility and access to the national road network. i54 is one of the region’s most successful advanced manufacturing and logistics parks, and is home to major occupiers including Jaguar Land Rover, Moog and Collins Aerospace.
Secure Income & High-Quality Covenant
Prior to the sale, Apex@54 was let to Bilco UK Ltd part of Tyman PLC, a market-leading provider of specialist roof, ceiling, wall and floor access solutions.
Already occupiers at the business park, the high-quality new building made great sense to accommodate Bilco’s ambitious plans to increase their manufacturing capabilities, facilitating greater bespoke engineering opportunities and reducing lead times.
The letting enabled the business to future-proof its capacity and underpinned the asset’s appeal as a long-term investment.
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Location
i54 Business Park, Innovation Dr, Coven, Wolverhampton WV9 5GA
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