The Co-Op, advised by Strutt & Parker and DE & J Levy, has sublet Unit 8, Prince’s Court, Wapping Lane, London, E1, to DHL.
Browsing: Property
Footwear distributor, Gardiner Bros. & Co (Leathers) has just acquired two distribution units totalling 30,212 sq ft at St Modwen’s 32-acre, Quedgeley West Business Park in Gloucester.
Leeds-based Northern Foods has snapped up the 135,000 sq ft former RCS warehouse on the Wakefield 41 Industrial Estate following the haulier’s demise earlier this year on a five-year lease.
Tools and fixings supplier Toolstation, has taken a 15 year lease on a 140,000 sq ft distribution complex at Quintain Estates’ Arrow Valley scheme in Redditch, Worcestershire.
Food-packaging manufacturer Scholle Europe has taken REIT Asset Management’s 40,517 sq ft warehouse at the Follingsby Park warehousing development in Gateshead on a ten-year lease with a five-year break, at a rent equivalent to £209,230 per year.
PPG Land has secured two detailed planning consents on its Link 62 development near Wakefield, West Yorkshire.
The amount of new warehouses being speculatively developed in the UK has fallen by a whopping 43 per cent according to the latest King Sturge Industrial & Distribution Floorspace Today survey.
John Good Shipping has taken Units 3, 4 and 5 totalling 38,295 sq ft in Block D at Orwell Terminal on Walton Avenue, Felixstowe on a 15 year lease at a rent of £4.25 per sq ft from landlord RREEF advised by Atisreal.
Pan-European healthcare logistics supplier Movianto has relocated into a 79,263 sq ft unit on Deacon Park in Knowsley, Merseyside known as The Rack.
Bathroom supplier TC Bathrooms is moving to a new £11m purpose built warehouse at PPG Land and Clugston Estate’s 28-acre Bretton Business Park, Dewsbury.
