Geldards advises Clowes on lease for Almac Pharma Services at Stud Brook Business Park

Geldards has successfully advised Clowes Developments on another long term lease at Stud Brook Business Park. Almac Pharma Services, a major player in pharmaceutical development, manufacturing and packaging, is the latest occupier to take up residence in a 20,000sq ft industrial unit.

A member of the wider Almac Group, Almac Pharma Services has over 50 years’ experience outsourcing to the global pharmaceutical and biotechnology industry with state of the art, custom designed facilities across Europe and the U.S.

In a drive to expand warehousing capacity, Stud Brook offered a high quality storage solution for Alamac Pharma to continue their business growth and capitalise on superb transport links close to East Midlands Airport and the M1.

Geldards provided specialist property and construction legal expertise, advising Clowes on the letting, led by Derby based partner Heather Dixon who heads up the Industrial and Logistics team, supported by legal assistant, Sarah Jackson, Infrastructure and Construction Partner Chris Hawrylak and solicitor, Laura Matthews.

Commenting on the deal, Heather Dixon said:

“Geldards is pleased to have advised on the latest tenant to take advantage of the high specification, bespoke facilities offered by the industrial units at Stud Brook Business Park. The deal demonstrates the demand for premium new-build logistic units with excellent transport links in the East Midlands.”

James Richards, Development Director at Clowes Developments added,

“We’re delighted to welcome Almac Pharma Services to Stud Brook Business Park. This deal reinforces the estate’s position as a premier logistics and industrial location in the East Midlands. I’d like to thank the team at Geldards for their expert legal guidance and responsive support throughout the process, their professionalism and in-depth sector knowledge were invaluable in getting this deal, and others at Stud Brook Business Park, over the line.”