Work has started on a 120,000 sq ft speculative warehouse at Prudential’s The Hub scheme in Birmingham.
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CRC Group has taken a 10-year lease on the remaining 110,000 sq ft of distribution space at Westwood One, Westwood Park, Glenrothes, Fife.
A one million sq ft office and warehouse complex called Satellite Park in Chadderton has been given the go ahead by planners.
Developer Wrenbridge is relying on a general shift in distribution activity in the West Midlands
The former Littlewoods Shop Direct distribution depot in Martland Park, Wigan is up for sale through agents King Sturge.
King Sturge is marketing a 65,000 sq ft high bay warehouse at Shepsted, Leicestershire that boasts six loading doors and a 3,907 sq ft first-floor office complete with a feature reception area for £4.50per sq ft.
Gladman Developments has started work on a £28 million, 525,000 sq ft speculative industrial and distribution scheme at Drum Industrial Estate in Chester-le-Street, County Durham.
Logistics property expert Tim Johnson of King Sturge has issued a plea to government and local authorities to release land for distribution warehouse development to sustain the economy.
Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated.
Developer Gazeley is set to build the Midlands’ biggest ever speculative warehouse.
