Industrial land prices will continue to fall this year, according to the June Property Snapshot from Colliers CRE.
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Grantham Book Services is moving its entire distribution and client services to a 350,000 sq ft distribution centre in Grantham previously occupied by TDG.
There has been a sharp decline in overall commercial development, according to Savills’ latest construction survey. In May, around three times as many commercial developers (30 per cent) reported a reduction in total activity than those that signalled a r
Timber merchant Arnold Laver & Co has taken a 40,000 sq ft warehouse in Rainham, Essex.
King Sturge has been instructed by D1 Oils to dispose of its former bio-diesel complex on Wirral International Business Park, Bromborough.
Gazeley has agreed the purchase of a 21.26-acre site at Meir in Stoke-on-Trent from Johnson Matthey, a materials technology and chemicals company. Johnson Matthey was advised by CBRE. Gazeley was unrepresented.
Savills has been appointed joint agent with Jones Lang LaSalle and Burbage Realty on Gazeley and Land Securities’ 3.4 million sq ft Magna Park in Milton Keynes.
Shepherd Developments in conjunction with the Abtech Group has completed five warehouse and distribution units ranging from 15,000 sq ft to 40,000 sq ft at Access 63 on the outskirts of Selby in Yorkshire.
The UK’s first two-storey warehouse, located at Heathrow, is complete. Developed by Brixton, X2 comprises 242,600 sq ft of warehousing and ancillary offices in eight units, configured for high-capacity throughput.
Planning has been secured for baker Warburtons’ 120,000 sq ft bakery and distribution warehouse in Bristol. Gazeley, with funding partner Legal & General, and Hermes’ UK Logistics Fund (UKLF), has been granted planning permission to develop the bespoke ba
