According to King Sturge’s latest Industrial and Distribution Floorspace Today report the average size of unit taken-up (in new units of 100,000 sq ft and over) was 216,774.39 sq ft.
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MTM Transport has secured a 31,00 sq ft warehouse at developer St Modwen’s 31-acre Pegasus Business Park, at Hillington, Glasgow
Stobart, which bought Carlisle Airport earlier this year, is drawing up plans for a new 360,000 sq ft cross-dock facility,
Colliers CRE has been appointed as letting agent on two Scottish properties for logistics operator DHL and tyre and rubber giant Goodyear Dunlop.
Grayson Thermal Systems has taken on the remaining ten years of a lease from GEA Group on a 42,440 sq ft facility at Neo Park.
Developers have ceased new speculative development of large logistics warehouses
According to King Sturge, at the end of June 2009 there was some 24,541,715.75 million sq ft of industrial floor space immediately available across GB, in 95 new units of 100,000 sq ft and over.
Wakefield Council has granted Asda permission for a 850KW wind turbine to power its distribution depot in Normanton, Yorkshire.
Morrisons has opened a 920,000 sq ft warehouse and distribution centre developed by Gazeley and Standard Life Investments.
Aero Inventory UK, a service provider to companies in the aerospace industry, has taken a ten year lease on a 72,089 sq ft warehouse at RBS Pension Trustee’s 610/620 The Hub, Skyline 120 in Braintree, Essex at a rent of £6.25 per sq ft.