Browsing: Property

As supplier to more than 500 dealers throughout the UK, Ireland and the Channel Islands, the Nissan/Renault Parts distribution centre at Magna Park in Leicestershire is one of the largest and most active installations of its kind.

Hi-Gear, distributor of camping, two-wheel, ski and general outdoors equipment and accessories, has amalgamated several distribution centres into one newly acquired central distribution centre near Sleaford in Lincolnshire.

Manchester-based property adviser Matthews & Goodman has sold Plot 600 at Radial Park, Stoke-on-Trent to Sladen Estates close to the asking price of quarter of £250,000 per acre. Radial Park is a joint venture between Michelin and AWG Developments.

IMI Components has signed a 25-year lease at a rental of £5.50 per sq ft on a new 8,370sq m unit at Birmingham’s The Hub. It is the first tenant to take space at the development. Work has started on the state-of-the-art manufacturing facility and I

Family-owned kitchen and bathroom distributor Mark Two Distributors has taken on the newly refurbished 8,966sq m unit M1 on Moorfield Group’s Heywood Distribution Park in Greater Manchester as part of an on-going business expansion strategy.

AMEC Developments has recently received planning permission for four units to be built on the final phase at Valencia Park, part of the region’s prime distribution centre, Wakefield Europort. Totalling 6.743sq m (72,500sq ft) and starting on site this

Rosemound Developments, the specialist distribution developer half-owned by HBoS, is developing a 46,500sq m cross-docked warehouse at Corby in conjunction with Standard Life Investment.

Brixton has completed seven new lettings at Trafford Park, Manchester totalling 2,380sq m following the acquisition of the property in March of this year. On average these lettings are 12% above the valuer’s ERVs at acquisition.

The first phase of ProLogis’ speculative warehouse development at the former Michelin Tyre factory at Campbell Road, Stoke-on-Trent is under way. The first unit, DC1, measures 23,250sq m and will be extendable to 46,500sq m.