Logicor lets 49,000 sq ft logistics unit at Liberty Park, Lichfield
Logicor has let unit L49 at Liberty Park, Lichfield to credit hire and fleet management firm AX, on a new 10-year lease.
L49, a newly built 48,933 sq ft logistics and industrial building, is located in Lichfield on the A38 corridor, in the heart of the Midlands, approximately 16 miles north of Birmingham. The warehouse is certified BREEAM In Use – Very Good and has an EPC ‘A’ rating.
Liberty Park is very well located in an established industrial location fronting the A38, providing access to the M6/M42 and the M1 North. It also benefits from being very close to Lichfield Trent Valley train station and is adjacent to Britannia Enterprise Park, where local occupiers include DHL, Newell Brands, Florette, Tesco and Screwfix.
The Liberty Park site totals 32 acres, offering up to 440,000 sq ft in units from 40,000 to 310,000 sq ft. The first phase comprises unit L49 and another 117,184 sq ft unit – Lichfield 117 – which is available for immediate occupation. The remainder of the site will be built to suit.
Anthony McCluskie, Logicor’s Director, Asset Management, comments: “AX is a valued customer within the UK Logicor portfolio, and we are delighted to accommodate their business space needs.”
Mark Canning, AX’s Director of Property, says: “We have been working harder than ever throughout the global pandemic to make sure our customers have access to vehicles when they need them to safely continue their operations – mobility has never been more important. When the opportunity arose for AX to evaluate new locations for our Midlands facility, Logicor was the obvious first call. The UK team worked swiftly and seamlessly to identify and secure the space we needed to best service our valued customers.”
Avison Young and CBRE are retained as letting agents at Liberty Park.
Logicor secures two long-term leases with Super Smart Service
Logicor, a leading European owner and manager of logistics real estate, has secured two new long-term leases, for a total of 280,354 sq ft of Midlands logistics space, with Super Smart Service, the global e-commerce fulfilment business.
In Worcester, Super Smart Service have taken a long-term lease at Worcester 163, a 163,170 sq ft industrial and logistics unit. The new facility fronts J6 of the M5, giving direct access to the national motorway network, with Worcester city centre only two and half miles to the northeast of the site.
In Lichfield, Super Smart Service have taken a long-term lease at Lichfield 117, comprising a 117,184 sq ft logistics and industrial unit adjacent to the A38 and a few minutes’ walk from Lichfield Trent Valley train station.
Having also recently let a 49,000 sq ft building at Lichfield, only 310,000 sq ft of logistics and industrial space remains available in Liberty Park, Lichfield, for new Logicor warehouse design and build opportunities.
Anthony McCluskie, Logicor’s Director, Asset Management – UK, comments: “We are very pleased to have assisted Super Smart Service with their requirements for Midlands space to serve their rapidly growing business. A new customer within our UK Logicor portfolio, we very much looking forward to working further with them as they expand and thrive.”
Charles Lu, General Manager of Super Smart Service comments: “We’re delighted to continue up-scaling our operations in the West Midlands and Worcestershire.”
“Completing the two leases with Logicor on both prime logistics locations in Lichfield and Worcester is ideal for us to expand our fulfilment warehousing businesses and serve the online retailers, and in the meantime create more job opportunities for the local communities. We are glad to form a long-term partnership with Logicor for our future development plans.”
Harris Lamb, BNP Paribas and DTRE are joint letting agents for Worcester 163. CBRE and Avison Young are joint letting agents at Lichfield 117. Super Smart Service was represented by Avison Young.
Logicor UK wins Property Company of the Year at the 2020 IAS Awards
We are extremely delighted to have won the IAS Awards 2020 Property Company of The Year, as sponsored by JLL. This is the third time in five years that Logicor has been awarded this prestigious title, having won in the same category in 2016 and 2017. This award is voted for by over 1,000 UK Industrial and Logistics Agents, making it highly regarded within our sector.
A massive congratulations to the UK team, and the wider Logicor team for another fantastic win this year, we are incredibly proud. It follows recent Deal of the Year and Best Asset Management Initiative Awards won over the past 3 years as well. An amazing achievement for all involved.
Congratulations also to all the other winners and a big thank you to the sponsors for their support at this year’s virtual IAS Awards ceremony.