SEGRO is expecting to break the £6 per sq ft rent barrier with the first speculative phase of its Meteor Park development in Aston, Birmingham.
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Express operator GeoPost has taken a lease of a 40,650 sq ft unit at Tannochside Park, Uddingston on the M74 south-east of Glasgow from Keiller Edinburgh.
Joint agents Lambert Smith Hampton and M3 are offering the Luton Distribution Centre on Sedgwick Road, Luton at a rent of £4.75 per sq ft.
Marks & Spencer has been tipped to build a 1 million sq ft distribution centre in Bradford, creating 2,500 jobs.
Hot on the heels of the news that St Modwen has sold the Antalis unit for nearly £2 million is the news that the company is developing a further 80,000 sq ft of speculative space at its 55 acre Access 18 scheme in Avonmouth.
Discount supermarket group Netto has announced plans to open a third distribution centre in the north west of England.
Two warehouse units at Chesford Distribution Centre in Warrington totalling 45,108 sq ft have been let to Stapleton’s on a 10-year lease at a rent of £2.40 per sq ft.
Jones Lang LaSalle and White Commercial have been selected as joint agents for a 46,920 sq ft warehouse on Wildmere Road, Banbury.
National furniture retailer SCS has taken Unit 7002 at Graftongate and Legal & General’s Cross Point scheme in Coventry.
Home Retail Group has submitted a planning application to create a 750,000 sq ft distribution centre at AWG Property’s Gwent Euro Park.
