An influx of second-hand space has put the squeeze on developers and landlords of distribution space throughout the west midlands, says Liza Helps

Recycling company SCA Recycling has taken the former Dixons Mastercare warehouse at Plot 8, Hounsdown Business Park in Totton, Southampton.

Private healthcare provider Spire Healthcare is expanding its presence at AXA REIM’s Stonebridge Cross Business Park, Pointon Way, Droitwich, by taking a further industrial unit on the park in Worcestershire.

Lambert Smith Hampton and the Royal Institution of Chartered Surveyors’ Empty Property Rates Survey points to empty rates liability as the biggest single factor in the demolition of industrial buildings at present.

Data centre operator, Node4 has taken a 26,000 sq ft warehouse at Earnstone Development’s six-acre Normandy Park within Wakefield Europort.

Industrial Securities says it has some £200m to invest in industrial logistics properties and is looking for sites in the South East, North West and North East.

The contraction and reorganisation of third party logistics providers is flooding the market with second-hand space, particularly in the Midlands.

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