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. It was a pleasure to work with their ‘can-do’ team to accommodate their requirements and we look forward to a long-term relationship with this market-leading occupier.”
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.
