Major retailers secure logistics leases in Kings Heath

A joint venture urban logistics platform between clients of Delancey Real Estate and Coltham has agreed to three new lettings at its Kings Heath asset in Birmingham, bringing the development to 50% let.

Headlam Group, GAP Plastics, and McDonald’s have committed to long-term leases at the 70,000 sq ft Greenlight Kings Heath.

This includes a 30,000 sq ft logistics/industrial facility and nine multi-use/trade units.

Headlam will occupy a 5,500 sq ft unit (Unit 2E), GAP Plastics has taken Unit 1B (5,400 sq ft), and McDonald’s will operate a dark kitchen from Unit 2A (5,500 sq ft).

These agreements follow last year’s lettings to Howdens and Screwfix.

David Owens, asset management director at Delancey, said: “Greenlight Kings Heath offers flexible industrial, warehouse, and trade counter space. Its excellent location and sustainability credentials are helping to attract a strong cohort of occupiers. We are pleased to welcome such an established group of names and we are in talks with several interested parties who are eager to occupy our remaining units.”

 Stuart Franks, partner at Coltham, said: “The new arrivals at Greenlight Kings Heath outline the continued demand for first-class industrial space in key locations. It is fantastic to have achieved 50% of units let within a couple of months from practical completion. We now look forward to welcoming further arrivals over the coming months.”