Hot on the heels of the news that St Modwen has sold the Antalis unit for nearly £2 million is the news that the company is developing a further 80,000 sq ft of speculative space at its 55 acre Access 18 scheme in Avonmouth.
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Forth Ports is working on a masterplan for a whisky distribution park at the port of Grangemouth on the Forth. A layout for 1.6m sq ft of warehousing has been approved.
Logistics company iForce has taken Stoford Developments and Terrace Hill Group’s 237,444 sq ft warehouse known as Redd 42 on Ravensbank Business Park in Redditch.
Fife Warehousing has bought the 172,000 sq ft former Solectron manufacturing plant in Pitreavie Business Park, Dunfermline opposite its existing premises.
Electrical goods wholesaler Moss Electrical is relocating to Dartford, Kent, from east London, following its purchase of a 119,780 sq ft warehouse from AXA REIM for £7.4 million.
Food producer and distributor JJ Food Services has opted to buy a 33,000 sq ft design and build warehouse at Shepborough Development’s ISIS scheme at Agecroft Commerce Park in Manchester.
Work has started on site for a new 150,000 sq ft speculative warehouse at Frontier Estates’ A1M1Link industrial and distribution park in Thrapston, Northamptonshire.
Crosswater Holdings has taken units 1, 22, 23 and 24, totalling 64,914 sq ft at Legal & General and Space Property’s 178,824 sq ft Charles Park industrial scheme, Crossways Business Park, Dartford, Kent.
Massey Wilcox Transport has acquired its 180,000 distribution building at Avonmouth, Bristol, from Colesbourne Asset Management and an adjoining 3.5 acres from Bristol Port Company.
Such is the lack of opportunity that developers are willing to fly in the face of public opinion to secure big shed space according to Liza Helps.
