MEPC has let an industrial/warehouse unit at Marston Gate, South Marston Park in Swindon to Honda Connectors.
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Furniture recycling charity Green-Works has opened a new 32,000 sq ft warehouse in Wembley on the back of a major contract with Barclays Bank. The bank donated 2,500 tonnes of furniture for recycling following its move to a new headquarters in April.
The opening of Bibby’s newly-completed 625,000 sq ft warehouse in Scunthorpe coincides with it winning a contract with convenience store group Nisa Today worth £200m.
Frontier Estates is rumoured to be close to buying the IKEA site at Grange Park, Northampton, for a sum believed to be around £600,000 per acre.
The whole of SladenAston’s 650,000 sq ft refurbishment in Doncaster is under offer to a fashion retailer.
If you want a higher-value building, buy in a vertical windmill and some photovoltaic cells.
Like the paparazzi surrounding celebrities, agents and developers are crowding round the warehouse market in the southern part of the M1. And like the paparazzi, they are creating problems for themselves.
Key Property Investments, a joint venture between St Modwen Properties and Kuwait-based Salhia Real Estate, has let a 110,000 sq ft warehouse at Westinghouse Road, Trafford Park, to Malikson Warehousing on a ten-year lease.
The overflow of national occupiers from the Midlands, looking for available sites and workforces, means that locations such as Skelmersdale are mentioned freely and without the hint of a smirk in conversations that usually centre around Northampton.
Welsh first minister Rhodri Morgan has unveiled the new £11m railhead and warehouse at the Corus steelworks in Deeside.
