News - Midlands
Lee Longlands heads for the hill
Midlands home furnishings retailer Lee Longlands has taken 42,000 sq ft of warehouse space at Standard Life Investments' Gravelly Industrial Park in Birmingham. The deal was brokered by joint agents DTZ and Phoenix Beard. Christian Smith, Phoenix Beard’s director of industrial agency, said: "Gone are fixed 15 or 25-year leases, with the average lease length now reflecting occupiers' desire to be able to respond quickly to changing business circumstances.” Lee Longlands had had a furniture store in Birmingham’s Broad Street since 1931.