BAM Properties makes a second letting at FORE, Solihull
Hemel Hempstead, 6 June 2013 - BAM Construction in the Midlands has taken up space in BAM Properties' FORE development in Solihull by relocating its regional headquarters.
BAM Properties has attracted a major new tenant to its M42 corridor commercial development known as FORE. From September, BAM Construction – which itself built the BREEAM Excellent rated building – will become a tenant of its own property arm, relocating from its current base in Holly Lane in Balsall Common.
The company is one of the UK’s most successful construction companies. Around 40 employees from BAM’s construction and facilities management teams will occupy the ground floor of FORE, Solihull, a building that was developed, designed and built by BAM. BAM joins steelworks giant Arcelor Mittal, which took the top floor of the four-storey building in autumn last year.
Martin Hill, BAM Properties development director, said: 'Contrary to what you might imagine, this is a proper commercial letting and BAM Construction will take up its new premises on the same commercial terms as Arcelor Mittal. The company made a commercial decision about its new premises after examining the options and alternative. It leaves 25,000 sq ft of space at FORE 1 which would be ideal for a single occupier, and possible single floor lettings in FORE 2.'
Richard Dakin, the Director of BAM Construction in the Midlands, said: 'It is an ideal position for a construction business to be in to occupy premises which it developed, designed and built. The reality is that few can actually do this because of commercial and logistical realities.'
The move marks an end to 12 years of BAM being based in Holly Grange. The company is behind many landmark buildings across the Midlands, including the redevelopment of Brindleyplace and the Severn Trent Centre, and its current projects include 1,010 student flats forming Aston University’s student village, a major retail development in the heart of Shirley, and its recent appointment to deliver the £28 million second batch of the Government’s priority schools for the Midlands.