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Logicor, a leading owner and manager of logistics real estate in Europe, today announces it has secured a new lease with the online furniture and homeware company Homary Technology (UK) Ltd at Unit 2, Kingsbury Business Park, Birmingham.
Following a refurbishment including new LED lighting of the 29,112 sq ft premises, Homary Technology has taken a new lease to serve its growing online sales across the UK and Europe. This new transaction is on top of an existing lease with Homary for Unit 3, demonstrating Logicor’s commitment to creating long-lasting relationships with customers and providing space that helps businesses and communities connect and thrive.
The modern industrial building comprises of warehouse space and ground floor office space with a reception. The unit benefits from a service yard and allocated parking.
Kingsbury Business Park provides its tenants with state-of-the-art facilities and superior accessibility fronting the A4097, which gives direct access to Junction 9 of the M42 and M6 Toll Road, with Kingsbury Road roundabout and the A38 within half a mile, providing access to the M6.
Bill Martyn-Smith, Asset Manager at Logicor UK, comments: “Homary Technology, a valued customer within our UK portfolio, are currently in occupation at Kingsbury Business Park and urgently required a new, larger space. We are delighted to have been able to fulfil their requirements quickly in just a two-week turnaround from enquiry to completion to accommodate their fast-growing business.”
Thomas Wang, Warehouse Manager of Homary Technology (UK) Ltd, says: “Logicor have provided warehouse services for us since October 2020, and I am very pleased we chose Logicor as a business partner. Their team have responded very quickly to all of our enquires and have provided professional advice and solutions. We required an expansion of our warehousing operations in Birmingham in response to continued growth in customer demand for our exclusive designs. I am very delighted Logicor’s team has concluded the whole process within two weeks from our first enquiry. Logicor’s high standard warehouse facilities fit our business needs and I trust they will help our business in anticipation of future growth”.
Lambert Smith Hampton and Harris Lamb are retained as letting agents for Kingsbury Business Park.