John Lewis’s customer delivery hub at Logic Leeds has been sold by Muse Developments to Axa’s UK Long Lease Property Fund for £6.2 million.
The 50,500 sq ft warehouse is situated in the heart of Muse’s 110-acre development in the Leeds City Region Enterprise Zone.
It includes 4,000 sq ft of offices.
The forward funding deal reflects a yield of less than 5%. Completion is scheduled for next year.
