Logicor has let Minworth Central, the 164,311 sq ft warehouse in Minworth, near Birmingham, to Rico Logistics Ltd on a long-term lease.
The Logicor team helped the courier company move from its existing 26,000 sqft premises within Logicor’s UK multi-let industrial portfolio, to the larger Logicor Minworth Central distribution building, securing a new long-term lease for the growing company.
Anthony McCluskie, Director, Asset Management, for Logicor’s UK team, comments: “We identified Rico Logistics growth plans and worked closely with them to support their expansion aims. The company had two years unexpired on its existing lease in Oldbury and I am delighted we were able to facilitate their move to the larger Logicor premises which better suits their needs.”
Minworth Central is located north east of Birmingham, within a few minutes drive of the M6, M6 Toll and M42 motorways.