Industrial agents at Harris Lamb have been awarded a prestigious accolade for their part in securing Hager UK as the new tenant of our Hortonwood 45 development in Telford.
Industry bible CoStar, which holds awards to spotlight the biggest commercial property transactions each quarter, has announced that the letting of a speculatively built 107,000 sq ft warehouse to the electrical distributor has been recognised as the top leasing deal within the West Midlands industrial market.
The deal, which was overseen by Matthew Tilt of Harris Lamb’s Telford office on behalf of Morris Property, saw Hager UK, which has been a resident on the Hortonwood industrial estate since 1991, sign a lease at the new developed at Hortonwood 45.
The move will follow a comprehensive fit-out of the office and warehouse facilities, providing Hager with a modern, purpose-built space that meets its growing operational needs.
Hortonwood 45, a key development in Telford’s thriving business park, sits on an 11-acre site and is the 12th build project from Morris Property in the Hortonwood and Hortonwood West areas. The unit is designed to meet high sustainability standards, with a BREEAM Very Good rating, highlighting its energy efficiency and environmental credentials. In addition, the development will feature an extensive 20,000 sq m landscaping scheme, further enhancing its appeal as an eco-friendly business location.
Matthew said: “This is a major letting for Telford and ourselves and Morris Property are delighted that it has been acknowledged by the market as a key transaction for 2025. The letting of Hortonwood 45 upon Practical Completion of the speculative build is testament to the strong industrial occupier market in Telford and reward for the confidence shown by Morris Property in delivering a high-quality building of scale.
Morris have worked closely with Hager to incorporate their requirements into the build and Harris Lamb are delighted to have played our part in letting this successful development”.
Liz Lowe, our Head of Development commented: “We designed Hortonwood 45 with logistics and distribution in mind, incorporating features such as a suitable eaves height to accommodate high-bay racking, eight dock-levellers, and two level-access loading doors, as well as ample parking and strong sustainability credentials with a BREEAM target of ‘Very Good’. We are thrilled that this opportunity has drawn such attention and are delighted to welcome Hager to the site. We look forward to continuing our investment in Telford’s growth and regeneration.”
Hortonwood 45 will serve as a strategic hub for Hager logistics operations, further strengthening the company’s ties with the region and contributing to Telford’s position as a key destination for businesses in the manufacturing and logistics sectors.
