Investor snaps up 361,000 sq ft Premier Farnell warehouse
A major property pension fund has acquired a forward-funding opportunity from Muse Developments for a 361,000 sq ft pre-let distribution unit at Logic Leeds.
The industrial and distribution unit is pre-let to electronics giant Premier Farnell on a 20-year lease. Premier Farnell is reaffirming its commitment to Leeds, having operated out of the city for nearly 80 years.
It will be relocating to Logic Leeds from its present site at Armley, following completion of the development, which is expected to be completed by January 2019.
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