Logicor lets Solihull 262 warehouse to Farmfoods
05 Aug 2020
Logicor has let Solihull 262 on a new 20-year lease to Farmfoods, completing the letting only 14 days after the previous tenant vacated.
The 262,114 sq ft distribution facility is located in a prime midlands logistics location, within 2 miles of J4 of the M52 and in close proximity to the intersection with the M40 at J3A, providing an excellent strategic link to the wider national motorway network.
Anthony McCluskie, Director, Asset Management, UK, comments: “Strong consumer demand is driving the UK e-commerce and food sectors to accelerate their long term strategic requirements for large Grade A logistics space. As such, we had a lot of interest in Solihull 262, with a high number of tenant viewings. The end result is the letting to Farmfoods on a long-term lease, with a very short void period.
Farmfoods has been located in the adjacent unit to Solihull 262 and was in need of expansion to accommodate its growing business. The Logicor team worked quickly and closely with the Farmfoods team to identify their needs in terms of size, specification and timescale.
JLL, DTRE and McGuinness Waddington Real Estate (MWRE) acted as joint letting agents.
Charlie Howard, Logicor: +44 (0)207 198 2433
Kate Titchmarsh, Flashbulb: + 44 (0)7595 673610
Logicor is one of the largest owners and operators of modern logistics and distribution properties in Europe. As at 31 December 2019 we own a portfolio of 618 high-quality properties with a lettable area of approximately 13.6 million square metres located in key European logistics markets. Logicor is headquartered in London and Luxembourg.
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