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.
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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.
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.
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.