Gladman Developments has completed the main phase of construction on two distribution warehouses of 140,000 sq ft (G-Space 140) and 58,000 sq ft (G-Space 60) on a 12.11-acre site at Saxham Business Park, near Bury St Edmunds, Suffolk.
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Glass merchant and manufacturer Ultra Tough has taken a 15-year lease at a rent of over £600,000 a year, for 102,219 sq ft of space at Falcon Property Trust’s Capital Connect warehouse in Welham Green.
Child car seat manufacturer Britax has secured Colesbourne Asset Management’s 94,994 sq ft Andover303 scheme on East Portway
Developer HelioSlough has completed a 120,000 sq ft warehouse at Buckshaw Link in Chorley representing Phase One of its joint development with CBRE Investors.
A consortium of public sector organisations, including the City of Edinburgh Council, Midlothian Council, East Lothian Council and NHS Lothian have joined forces and agreed terms with J Smart & Co and the Walker Group Scotland to pre-let 25,000 sq ft ware
Transport company CM Downton has secured a design and build contract with St Modwen to build a 102,000 sq ft distribution warehouse at the 32-acre Quedgeley West Business Park, Gloucester.
According to a survey for Savills by YouGov, factory and warehouse employees are primarily concerned with the standards of lighting and car parking in their workplace.
Opus Land has let a 30,000 sq ft unit at its 360,000 sq ft Opus Park site in Teeside to MKM Builders.
Stansted Transit, has taken a 33,800 sq ft unit at Standard Life Investments’ 179,500 sq ft Skyline 120 scheme in Braintree Essex, on a ten-year lease at an annual rent of £241,670.
The property industry is nothing if not adaptable and now that there is no longer any empty rate relief on warehouses a plethora of advice is available to help mitigate the financial burden.
