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Farmfoods signs 262,000 sq ft M42 warehouse

Solihull (5) sml_GCP.jpg
Escalating demand for Midlands warehousing meant a Farmfoods signed up for a 262,000 sq ft M42 warehouse next to its existing base just 14 days after the previous tenant moved out.

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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