Tesco has confirmed that it is taking an 850,000 sq ft distribution depot near Goole from developer Sterling St James.
Browsing: Property
Research has shown that logistics is core to the economy – but try telling that to the planners. Liza Helps takes a closer look at the problem.
Despite its position on the periphery of Europe the UK is one of the largest logistics markets in Europe with some 150 million sq m of warehouse stock. Thanks to confidence by developers in the speculative building market, coupled with an appetite by reta
Stoford Developments has bought a 10-acre site at Measham on junction 11 of the M42 motorway from Leicestershire County Council where it intends to build a 140,000 sq ft warehouse.
Liza Helps discovers that there is still a north-south divide for the suppliers of logistics property.
Wells & Young’s Brewing Company has opened a brand new £10m green distribution centre in Bedford a mere 22 weeks after construction began.
Leather goods supplier GH Stafford has paid £2.5 million for a 45,000 sq ft warehouse at St Modwen’s Walsall Enterprise Park near Birmingham.
Outline consent has been granted to PPG Land for a 135,000 sq ft warehouse at its 10 acre Point Five site at Walker Park in Blackburn, Lancashire.
Standard Life has submitted plans to rebuild the 142,000 sq ft former Iron Mountain warehouse, which was destroyed by fire at ProLogis Park Bow, London.
A vacant 150,000 sq ft distribution warehouse developed by St Modwen Properties and Prologis on Centre 38, Barton-under-Needwood, near Burton-on-Trent, has been sold for £9.5 million to investor Close Brothers.
