Headline rents for prime distribution warehousing have fallen across all main distribution warehousing markets over the past 12 months, according to Jones Lang LaSalle’s latest research.
Browsing: Property
Dart Group, parent company of Fowler Welch Coolchain, has taken developer Segro’s 500,000 sq ft The Hub distribution facility in Heywood Distribution Park, Greater Manchester.
American medical supplies manufacturer Medline has taken developer Cantt Pak’s 132,000 sq ft Manor Point warehouse in Runcorn.
The 41,250 sq ft former Rank Hovis McDougall premises on Bermuda Park in Nuneaton, Warwickshire has been let to Ralph Coleman International on a new ten-year lease at a headline rent of £176,500 a year equating to £4.28 per sq ft.
With immediately available modern space dwindling in the Golden Triangle, is the North Midlands and South Yorkshire the answer? Liza Helps takes a close look.
With no speculative development currently in the pipeline, is renewed interest being given to good quality second-hand stock? Lucy Tesseras investigates.
Developer Muse has started what is believed to be the first speculative big shed development in the country for nearly a year with its proposal for two warehouses of 92,000 sq ft and 67,000 sq ft on Plot F at its Eurocentral scheme in Scotland.
Tesco is believed to be close to securing a pre-let of 500,000 sq ft at Beam Reach in East London
Nearly 60 per cent of the total take-up of large warehouses in the first quarter of 2010 was recorded in the Midlands
A catering equipment and supplies group has taken Opus North’s 66,500 sq ft warehouse at Goole.
