A pre-let of 135,000 sq ft of industrial space has been agreed with seafood company Cumbrian Holdings at Foxcover Distribution Park in Seaham, County Durham.
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St Modwen Developments has signed an agreement with Darlington Borough Council to open up 70 acres of land within the Faverdale Employment Area to create a £50 million major industrial park capable of providing 1,500 jobs.
Fashion retailer River Island has paid Gazeley and Land Securities in excess of £20m for the freehold of a 450,000 sq ft distribution centre at Magna Park, Milton Keynes.
Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a ten-year lease at a rent of around £4.50 per sq ft.
A new industrial park is set to give a new lease of life to one of South Yorkshire’s historic 19th century pit-sites.
When all is said and done, the West Midlands is still the best logistics location in the country and agents say there are plenty of enquiries for space in the region.
According to property pundits across Europe, despite a more subdued level of activity around the world following the recent tangle in the finance markets, occupiers of warehousing are looking at increasing rent levels.
Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
St Modwen Developments has signed an agreement with Darlington Borough Council to open up 70 acres of land
