Tungsten Properties has secured £19 million of funding to deliver a new Grade A industrial development in Filton, Bristol.
The scheme, known as Tungsten Park Filton, will provide 94,200 sq ft of industrial and warehouse space across a 4.55-acre site on Hayes Way. The development is designed to support the demand for modern mid-box industrial accommodation in the Bristol market.
The project will include five units ranging from 10,200 sq ft to 30,000 sq ft, offering space for occupiers looking for high-quality warehouse and trade counter premises in a strategic South West location.
Magrock Construction has been appointed as the main contractor following a competitive tender process. The company will deliver the scheme on behalf of Tungsten Properties and its funding partner.
The development will feature high-quality warehouse accommodation, first-floor offices, generous yard depths, and strong power provision. Its location fronting the A38 also gives it access to key transport routes, including Junction 16 of the M5 and Junction 20 of the M4.
Sustainable Industrial Space in Bristol
Tungsten Park Filton has been designed with sustainability in mind and will target BREEAM ‘Excellent’ and EPC A ratings.
The specification is expected to include rooftop photovoltaic panels, electric vehicle charging infrastructure, sustainable drainage features, and extensive landscaping.
These features reflect the growing demand from occupiers for industrial space that can support both operational needs and environmental goals.
Ian Dunckley, development director at Tungsten Properties, said: “Securing funding for Tungsten Park Filton represents a significant milestone and demonstrates continued confidence in both the Bristol market and the wider mid-box sector. Bristol remains a highly supply-constrained market, and the scheme will help address this shortage by delivering exceptional accommodation in a strategic and highly visible location.
“This funding commitment demonstrates continued confidence in the industrial sector and in the strength of the Bristol market. We look forward to delivering a Grade A scheme for our funding partner and future occupiers.
“Magrock Construction emerged as the preferred contractor through a competitive tender process and we have every confidence that the team will deliver a first-class project.”
Construction Timeline
Construction is scheduled to begin in July 2026, with practical completion targeted for April 2027.
Marketing for the scheme is already underway, with occupation expected from Q2 2027.
Russell Crofts, partner, industrial and development at Knight Frank, said: “The Bristol industrial market continues to experience a shortage of high-quality mid-box accommodation, particularly in the 10,000 sq ft to 30,000 sq ft size range. While occupier demand remains robust, there is very limited availability of new-build Grade A space that meets modern operational and sustainability requirements.
“Tungsten Park Filton is exceptionally well-positioned to address this gap in the market. Its strategic location close to the M4 and M5 motorways, combined with its strong sustainability credentials and high-quality specification, will appeal to a broad range of occupiers seeking modern industrial and trade counter premises.
“We have already seen encouraging levels of interest from businesses looking to secure future accommodation in this part of the South West and expect the scheme to attract significant attention as construction progresses.”
Tom Paton-Smith of Montagu Evans advised the funder, while Andrew Franck-Steier of Atlas Real Estate advised Tungsten Properties.
Other advisors working on the scheme for Tungsten Properties include Goodrich Consulting, HTC Architects, PRP Engineers, and SMOP Clean Tech.
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