Adidas is rumoured to have taken a 360,000 sq ft national distribution centre and headquarters in Trafford Park, Manchester.
Browsing: Property
Mountcity is speculatively developing a 205,000 sq ft warehouse at Ashroyds Business Park at Junction 36 of the M1 Motorway.
Ravenbourne and Standard Life are hoping to cash in on the Olympics with the development of a third phase at Thames Gateway Park in Dagenham, Essex.
Property agent Lambert Smith Hampton is predicting rent rises in the logistics sector by up to 10 per cent in the coming year.
Independent Papers, advised by Savills, has acquired Unit C, Interlink Park, Bardon, Leicester from Wilson Bowden.
Developer Frontier Estates has paid £340,000 an acre for the final plot at Parlison Properties’ A1M1 Link scheme in Northampton.
Developer Rosemound has secured planning consent for a 194,000 sq ft scheme comprising 26 units ranging from 2,044 sq ft to 33,980 sq ft on the 9.6-acre former Truckworld site on Oliver Road, West Thurrock, Essex.
According to research by ProLogis and King Sturge more than 25 percent of all new distribution warehouse construction is occurring in just two key markets, the East and West Midlands.
Northamptonshire has become so popular with warehouse developers and occupiers that land prices have been as high as £375,000 per acre according to Lambert Smith Hampton.
Woodward Foodservices has taken a 85,422 sq ft warehouse at Boultbee, Innovate and Schroders’ Zenith2 development in Deykin Avenue, Witton, Birmingham.
