Handleman UK has taken Big Sam, Arlington and Barwood’s 274,700 sq ft cross-docked distribution centre at Wingates Industrial Estate in Bolton on a 10-year lease at an annual rent of £1.
Browsing: Property
Mountcity is speculatively developing a 205,000 sq ft warehouse at Ashroyds Business Park at junction 36 of the M1.
Property agent Lambert Smith Hampton is predicting rent rises in the logistics sector of up to 10 per cent in the coming year.
More than a quarter of all new distribution warehouse construction is taking place in just two markets – the East and West Midlands, according to research by ProLogis and King Sturge.
Wolseley has opened a 350,000 sq ft distribution centre in Leamington Spa comprising two buildings, linked by an enclosed bridge.
Eight developers battled it out to secure an 18.
Ravenbourne and Standard Life are hoping to cash in on the Olympics with the development of a third phase at Thames Gateway Park in Dagenham, Essex.
Food industry logistics specialist Atchison Topeka has agreed a 130,000 sq ft pre-let at Stoford Development’s 80-acre Stonebridge Cross in Droitwich Spa, Worcestershire.
Independent Papers, advised by Savills, has bought the 15,000 sq ft Unit C, Interlink Park, Bardon, Leicester from Wilson Bowden on a 15-year lease at a rent of £5.
Developer Frontier Estates has paid £340,000 an acre for the final plot at Parlison Properties’ A1M1 Link scheme in Northampton.
