Browsing: Property

Tesco plans to develop 500,000 sq ft of regional distribution facilities in Essex after exchanging contracts with the London Development Agency to buy the freehold of 35.2-acres at Beam Reach 5 in Rainham.

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.

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.