Developer snaps up Midlands site
Global industrial property group Goodman has snapped up a 7.5 acre development site in Coventry, West Midlands for an undisclosed sum.
By Liza Helps Property Editor Logistics Matters
THE SITE at Browns Lane, adjacent to the Lyons Park industrial estate just off the A45 to the west of Coventry was sold by automotive giant JLR.
The site deal was arranged by Colliers on behalf of JLR. Colliers industrial and logistics director Simon Norton said: “"It is great to see this final piece of land sold which will be redeveloped to complement the current work at Lyons Park, which was also originally developed by Goodman.
"Their plans will add to the quality, mix and range of commercial space in the area."
The developer’s last foray at Lyons Park saw it speculatively develop a 105,699 ft2 warehouse, known as Lyons 106, which was let in 2022 to baker Guenther Bakeries UK.
Planning has yet to be submitted for the site.
