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.
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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.
Bathroom supplier TC Bathrooms is moving to a new £11m purpose built warehouse at PPG Land and Clugston Estate’s 28-acre Bretton Business Park, Dewsbury.
Logistics operator Cert Octavian, advised by DTZ, has expanded its presence in the Yorkshire market by acquiring a second distribution facility, which is one of the largest lettings in South Yorkshire this year.
Developers Wilson Bowden and joint venture partner Miller Birch have launched plans for a new business park at Sinfin Moor in Chellaston, Derbyshire.
Greenstar UK has taken Invista’s 193,000 sq ft warehouse, known as Atlas, in Edmonton, North London.
UK clothing manufacturer and supplier Uneek Clothing Company is relocating its distribution facilities from Hertfordshire to the North West.
