Like the paparazzi surrounding celebrities, agents and developers are crowding round the warehouse market in the southern part of the M1. And like the paparazzi, they are creating problems for themselves.
Key Property Investments, a joint venture between St Modwen Properties and Kuwait-based Salhia Real Estate, has let a 110,000 sq ft warehouse at Westinghouse Road, Trafford Park, to Malikson Warehousing on a ten-year lease.
The overflow of national occupiers from the Midlands, looking for available sites and workforces, means that locations such as Skelmersdale are mentioned freely and without the hint of a smirk in conversations that usually centre around Northampton.
Welsh first minister Rhodri Morgan has unveiled the new £11m railhead and warehouse at the Corus steelworks in Deeside.
The price of sheds today! Land prices in the prime market around Heathrow have soared. Price rises are demand driven: there isn't enough land to build on. So at ProLogis we have started to look for a solution to this problem.