Stoford Developments and LaSalle Investment Management have pre-let a 75,000 sq ft unit at the 40-acre Vale Park West scheme in Evesham. The occupier has signed a ten-year lease with an option to break at the end of the fifth year on the warehouse, which
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A prominent industrial unit within Blantyre Industrial Estate, Lanarkshire, has changed hands in a £1million ‘off-market’ deal, structured by property agent James Barr.
Wrenbridge in a joint venture with Axa Real Estate Investment Managers has let its 39,752 sq ft Focus One warehouse at Focus Park, Solihull to Hire Service Holdings for 15 years subject to a ten year break at £6.50 per sq ft with 12 months rent and a six
Stansted Transit, has taken a 33,800 sq ft unit at Standard Life Investments’ 179,500 sq ft Skyline 120 scheme in Braintree Essex, on a ten-year lease at an annual rent of £241,670.
The property industry is nothing if not adaptable and now that there is no longer any empty rate relief on warehouses a plethora of advice is available to help mitigate the financial burden.
Opus Land has been reaping the benefits of a £2.3 million refurbishment of the former MFI factory site on Teesside.
Aquatic and pet product firm Aqua Pacific has relocated to a new warehouse on the Nursling Estate in Southampton. The company, which has expanded four times since 2004, has taken the 61,000 sq ft ten Oriana Way owned by CBRE Investors.
Wincanton, has been awarded a five-year contract to manage all national transport operations for Wavin, the supplier of pipes to the construction industry.
Hans-Christer Holgersson has been appointed managing director of Scania UK.
Toyota has enhanced its BT Veflex range of very narrow aisle trucks with improvements aimed at increasing comfort and productivity.