B&Q is consolidating its distribution for the south of England at a £77 million distribution centre in Swindon, and plans to go out to tender for a 3PL to run it
Browsing: Property
According to CBRE’s latest industrial research four of the biggest units available at the end of the first quarter of the year were second hand
Peel Ports, owner of Port of Liverpool and Manchester Ship Canal, has bought the former site of the Bridgewater Paper Company at Ellesmere Port
Central Bedfordshire Council has granted planning permission for a 761,000 sq ft distribution centre at Gazeley’s G.Park Dunstable scheme at Boscombe Place close to the M1 motorway.
Wasdell Packaging has taken a 63,000 sq ft warehouse at Euroway Industrial Park in Gloucestershire.
Objectors are set to challenge a recent planning consent for a regional distribution centre at Kenmore and Grafton Gate’s Solstice Park scheme in Amesbury near Salisbury.
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.
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.
