CMN Logistics has taken advantage of developer St Modwen’s offer of short-term leases at its 550,000 sq ft South Ockendon warehouse in Thurrock by snapping up 200,000 sq ft on a five-year lease.
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Fashion retailer New Look has taken Gladman Developments’ G-Space 300, a 300,000 sq ft distribution warehouse at Lymedale Business Park in Newcastle-under-Lyme.
The former 168,373 sq ft warehouse occupied by Workspace Office Solutions in Haverhill, Suffolk, is on the market with the owner willing to refurbish to meet individual occupier’s needs as part of any transaction.
Wrenbridge has completed the refurbishment of a 70,176 sq ft warehouse in Telford Shropshire known as Unit B Stafford Park 7.
Leading contractors and suppliers specialising in warehouse construction and fittings, have warned that inflation-busting rises in raw materials and utilities are forcing costs to rise well ahead of inflation.
BAA Lynton, on behalf of the Airport Property Partnership, the specialist airport property joint venture between BAA and Morley Fund Management, has started the speculative development of 63,000 sq ft of the 165,385 sq ft airport-related distribution ware
A 210,000 sq ft warehouse at Pioneer Business Park is to be built speculatively now that it has been forward sold for £11m to Macquarie Goodman.
Macquarie Goodman is developing a 23,600 sq m logistics and production facility for NYK Logistics in Torun, Poland.
Bericote Properties has paid ProLogis about £30m for Bronze Age Park in Belvedere, Erith.
Evans has signed two more deals at the Follingsby Park industrial scheme in Gateshead.
