Logicor has let Solihull 262 on a new 20-year lease to Farmfoods, completing the deal in record time. Farmfoods were already operated on the plot next door. The 262,114 sq ft distribution facility is in a prime midlands logistics location, within 2 miles of J4 of the M42 and close to the intersection with the M40 at J3A.
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. The end result is the letting to Farmfoods on a long-term lease, with a very short void period.”
JLL, DTRE and McGuinness Waddington Real Estate were joint letting agents.
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