Despite being told that there is more space on the market, occupiers are being warned to prepare themselves for the credit crunch fallout. Liza Helps investigates.
Browsing: Property
The Co-op, advised by Strutt & Parker and DE & J Levy, has sublet Unit 8, Prince’s Court, Wapping Lane, London, E1 to DHL.
Developer Bericote has handed over Asda’s new 75,000 sq ft recycling centre at the Pattinson Industrial Estate in Sunderland.
Gladman Developments has won planning permission for a £20 million, 317,859 sq ft industrial and distribution scheme at Wentworth Distribution Park, Tankersley, South Yorkshire.
Goodman has secured planning consent for its 400,000 sq ft facility at Centrum West in Burton-on-Trent, Staffordshire.
The Co-Op, advised by Strutt & Parker and DE & J Levy, has sublet Unit 8, Prince’s Court, Wapping Lane, London, E1, to DHL.
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.
