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.
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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.
NYK Logistics (UK) Consumer & Retail, formerly New Wave Logistics, has invested in a new warehouse at Avonmouth. The £170,000 project provides the company, which is part of the NYK Logistics group, with 5,110sq m of storage space, including 465sq m of rac
Asda Property and Cirrus Property have announced the latest letting at Harbourgate Business Park in Portsmouth. Space Maker Self Storage is leasing Unit 2 at a rental of £7.50 per sq ft for a 12-year term for 2,201 sq m.
Brixton has sold 50% of its interest in two major Heathrow estates to Prudential Life Assurance for £108.9M. The two holdings concerned areAxis Park at Langley and Heathrow Corporate Park (HCP).
Acting on behalf of La’Pec Properties, Rogers Chapman has sold the freehold investment of 13-15 Willow Road, Poyle, near Heathrow, to a client of LaSalle Investment Management for more than £1.6M. The sale was on behalf of a private client.
Third-party logistics provider Exel has signed a Preferred Supplier Agreement with CB Richard Ellis for the provision of property services throughout Europe.
high-labour use classes, i.e. manufacturing. But, where we are most active in the Midlands and the South-east, unemployment is already low.
European logistics property developer Gazeley is building the largest speculatively developed high-bay distribution warehouse in the South-east having obtained planning consent.
