‘Record’ rent in Network Rail industrial deal
The UK’s railway infrastructure manager Network Rail has signed a 10-year lease on a Birmingham industrial unit.
This is understood to be a record in terms of rent for a secondary unit of its size in the region.
Harris Lamb on behalf of Lothbury Investment Management oversaw the letting of the 35,777 sq ft site at Meteor Park in Aston.
Network Rail completed the new lease within weeks of the former lease’s expiration.
Neil Slade, director in the Agency Department at Harris Lamb, said: “Meteor Park is one of the last ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...