Lancashire-based discount specialist B&M Retail has bought Rockpoint’s 618,839 sq ft The Vault facility at Liverpool International Business Park.
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Trinity College Cambridge has submitted plans for a 326 acre extension to Trinity Distribution Park which adjoins the Felixstowe Port area
The recession has left the Staffordshire area with a surplus of large warehouses and distribution hubs trying to find occupiers, according to the Annual Review by Instaffs, the inward investment agency.
The latest construction survey says the construction of factories and warehouses is expected to fall almost 60 per cent between 2007 and 2010.
Sunlight Group has taken 48,000 sq ft in three warehouse/ industrial units at C1 Trade Park, part of the Aberaman Industrial Estate near Aberdare, on a ten-year lease at a stepped rent rising to £110,000 in the fourth year.
Developer ProLogis has racked up lettings on existing built space totalling more than one million sq ft across four schemes in the last two months.
With no speculative development in sight and a plethora of deals going down Liza Helps investigates how real the prospect is of a warehouse shortage.
Lightbody Group, a subsidiary of Finsbury Food Group, has taken the 71,700 sq ft Artemis building at Eurocentral in Lanarkshire on an initial five-year lease, with an option to extend for a further five years, at £5.25 per sq ft.
Clothing wholesale company Boi Trading has paid in the region of £2m for Whitbread’s 120,000 sq ft former distribution facility at Ordsall Riverside, Salford, Manchester.
3663 First For Foodservice has just completed an £18m a120,000 sq ft multi-temperature depot at Paddock Wood in Kent in just 41 weeks.