Browsing: Property

Knowsley Development Partnership (KDP) is building four new high quality industrial buildings at Knowsley Business Park. Three of the buildings have been pre-sold to local companies and the fourth, speculative building, is already under offer.

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.

Innovate Logistics will complete the former British Coal site’s redevelopment after purchasing the last plot of land. Bassetlaw District Council has granted planning permission for Innovate Logistics and GMI Property Company to develop a 13,020sq m

Property developer Gazeley has bought a major new development site in Sheffield. The site was purchased from Corus and Outokumpo Stainless, which retains ownership of the adjacent site.