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.
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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.
The spotlight has been moved onto support costs following the decision by ERP supplier SAP to raise its support costs by five per cent and the ensuing frosty reception from its customers. The company will scrap its standard support package in favour of an
TRAC, a leading supplier of specialist engineering services, has taken a ten-year lease on the 41,266 sq ft Athena building, at Centralpoint, Eurocentral in Scotland.
Gazeley and Blue Anchor Leisure have submitted an outline planning application to Doncaster Metropolitan Borough Council for a 100 acre logistics site at Junction 4 of the M18 motorway next door to the West Moor Park development.
King Sturge has been instructed by Associated British Food to sell the Pataks food production unit at Pearce Avenue, West Pitkerro Industrial Estate in Dundee.
