SG Cuttings has taken Quorum’s 36,000 sq ft warehouse at the Europa Trading Estate in Kearsley, near Bolton, Lancashire on a 10 year lease at £3.
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Stoford has secured a £40million “quick turnaround” to develop more than 625,000 sq ft of warehousing and distribution facilities on 36 acres of prime land in the East Midlands and Yorkshire.
UK rents increased by 2.1 per cent in the year to March 2007, according to Jones Lang LaSalle’s latest 50 Centres Report.
Birmingham-based Coltham Developments has paid almost £10m to buy Britvic Soft Drinks’ warehouse complex at Tamworth’s Centurion Park which it intends to redevelop to provide a 288,000 sq ft distribution centre.
Wilson Bowden Developments has announced its plans for the development of a 115 acre site in Nottingham.
RGD Thomas, a private Swansea investor, has paid £4m to buy the 141,117 sq ft former Panasonic Unit at Baglan Moors, Port Talbot, South Wales.
Kuehne + Nagel Drinks Logistics has opened a 168,700 sq ft regional distribution centre at Hams Hall.
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.
Fresh fish and seafood product company Cumbrian Holdings has taken a 125,000 sq ft unit built by Grantside at Foxcover Industrial Estate at Seaham in County Durham at a rent of £4.75 per sq ft.
Express parcel deliveries, postal and courier company Geopost UK has taken a lease of a 40,650 sq ft unit at Tannochside Drive, Tannochside Park, Uddingston from Keiller Edinburgh.
