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.

Scarborough Development Group and Clugston Estates have obtained detailed planning consent at Redhouse Interchange, off J38 of A1(M) in Yorkshire, for a 60,851sq m distribution centre. The companies advised by joint agents DTZ and Gent Visic

Yearsley Cold Storage and Distribution has opened its new £12M depot at Seaham, County Durham. Phase 1 of the site has been fully operational since August with an 11,000 pallet capacity for cold and chilled storage, and the depot is being expanded

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.

The appetite for investment product in Edinburgh and Glasgow has remained ‘insatiable’ despite a severe lack of supply, according to property agent Knight Frank’s latest annual M8 Corridor Report. Both the Edinburgh and Glasgow investment markets