Stobart Rail has been shortlisted as one of three preferred bidders for a £25m contract to turn Carlisle Airport into a logistics hub for its sister company Stobart Logistics. The transformation includes the building of a 400,000 sq ft warehouse.
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Gallan Group has completed the first phase of its £20m Gallan Park mixed-use scheme on Watling Street, Cannock – a 70,000 sq ft industrial warehouse pre-let to Rhenus Logistics.
According to Savills’ latest European Logistics survey rents have declined six per cent in prime properties and seven per cent in secondary warehouses year-on-year.
Swedish medi-tech company Sandvik has secured a 15-year multi-million pound deal for a 112,000 sq ft orthopaedic implant and instrument production and distribution facility at JF Finnegan’s Beighton Link Business Park in South Yorkshire.
Bicycle and car parts retailer Halfords is to take a new 320,000 sq ft purpose-built distribution centre in Keresley Park, Coventry as part of its reorganisation plans for the distribution network in 2010.
Property agents across the country are reporting an increase in the number of companies enquiring about space for logistics for the first time in a year.
The shortlist for the Industrial Agents Society Awards 2009 has been revealed.
Grayson Thermal Systems has taken on the remaining ten years of a lease on a 42,440 sq ft facility at Neo Park, Wharfdale Road, Tyseley, Birmingham.
Lightbody Group, a subsidiary of Finsbury Food Group, has taken the 71,700 sq ft Artemis building at Eurocentral in Lanarkshire.
Plans for a £48m business park in Lancashire comprising 680,000 sq ft of mixed-use employment space, including large industrial units of up to 400,000 sq ft, have been given the go-ahead by Burnley Council.
