Insight Into FI Real Estate Management

Wrexham has a diverse and rich industry. If we help nurture this, we support economic prosperity, business growth and job creation.

responding with a high-quality property that allows them to operate efficiently, innovate and grow.

Leading the Industrial Boom in North Wales and West Cheshire

With the recent completion of a brand new £30m business park in Winnington and with investment at Wrexham Industrial Estate now reaching £165m, with further investment planned of £145m, FI Real Estate Management (FIREM) is reinventing the regional commercial market, creating over 2.5 million sq ft of high-quality space for businesses to thrive. The company’s founder and managing director, Tim Knowles, shares his thoughts on the regional market and unlocking its growth potential.

“Wrexham is a city on the rise, and it has without a doubt been given a new lease of life thanks to the global spotlight on Wrexham AFC. But the potential of this incredible city was there to see long before the arrival of the club’s new Hollywood owners. At FIREM we are very proud to be one of Wrexham’s largest landowners, and our true passion is in using this privileged position to raise the bar for businesses looking to relocate, expand and grow here.

“We bought our first portfolio in Wrexham in 2005, and in the years since, we have grown to 1.3m sq ft of property assets with a development pipeline of 1.9m sq ft; last year alone we completed three new industrial sites at Wrexham Industrial Estate totalling approximately 105,000 sq ft. With a further two new sites to be built at Wrexham Industrial Estate this year, our commitment here is as strong as ever, but we are only one piece of the puzzle. Investment in our estate is about much more than our assets;

“We have purchased a further 120 acres of land over the past 12 months, at Wrexham Industrial Estate and I’m really excited about the potential we can unlock here. Heavy industry may be in Wrexham’s past but the estate is home to high-tech manufacturing, biotechnology, food, automotive and engineering, and by developing highquality commercial space, we will attract new industries to North Wales. Wrexham has so much to offer, not least of which is its excellent connectivity. Businesses want to be here, and they want and deserve a commercial market that meets their needs. We are very proud to be leading the charge on that front.”

A new flagship business park for Northwich

“Wrexham may be in the spotlight, but in terms of its potential for businesses to thrive, it most certainly isn’t alone. Just over the border in West Cheshire, we recently launched Winnington Business Park, another jewel in the crown of our property portfolio. This new £30m business park was a special project for all involved because we took it from land acquisition to design and construction through a real period of change due to the Covid-19 pandemic. This is where listening to businesses is absolutely vital. A big part of our process is understanding what businesses need and

“At Winnington Business Park we have created 51 new industrial units across 7.5 acres with a mix of start-up, industrial and trade spaces with individual units ranging in size from 785 to 6,240 sq ft. We were 30% pre-let when we launched and the interest at Winnington has proven that there is a growing demand for high-quality commercial space locally and regionally.

“More and more businesses want their landlord to offer flexibility and solutions, anything that will help them get off the ground and make their lives easier. For one of our tenants at Winnington Business Park, we have delivered a bespoke fit-out, and this is where we can really add value. Our commitment is to boost businesses by giving them the perfect space that suits their needs. Sometimes that means a flexible lease arrangement; it could mean helping them to expand by adapting their space or perhaps helping them with their utility connections. If something is important to our tenants, then it is important to us.”

For more information about FIREM’s property portfolio, including available space at Wrexham Industrial Estate and Winnington Business Park, please visit https://fi-rem.com/ or contact the business development team on 0845 500 6161.