International logistics firm expands to Coventry warehouse

Network International Cargo has leased a Coventry warehouse as it looks to expand its operations from the city.

The international logistics firm has secured the 27,900 sq ft Unit 5 at Cyan Park after outgrowing its Coventry base.

​​Commercial agents at Harris Lamb secured the deal, after acting for the former landlord in its disposal to Leeson Polyurethanes in 2021. The site was sold for business continuity following a fire at the regional premises and further to the business relocating back to its original base.

Neil Slade, who oversaw the transaction with Ashley Brown, said: “As a modern, well-appointed opportunity with excellent national transport links, there was a great deal of interest in the property and following a swift marketing period and multiple viewings, we quickly agreed terms and assigned the lease to Network International Cargo.

“Established more than 30 years ago, the business has facilities in Ireland, UK and a range of partners across the world, enabling it to provide logistics and intermodal solutions by road, air and sea. Having outgrown it’s existing Coventry base, the firm was seeking an alternative site to expand its operations.

“It is encouraging to see that demand and take-up for good quality mid-box units throughout the Midlands remains strong despite recent headwinds. This property quickly progressed from marketing stage to completion with minimal void and with a general undersupply of similar opportunities, we are seeing keen interest in similar industrial properties across the region.”