Frontier Estates is rumoured to be close to buying the IKEA site at Grange Park, Northampton, for a sum believed to be around £600,000 per acre.
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The whole of SladenAston’s 650,000 sq ft refurbishment in Doncaster is under offer to a fashion retailer.
If you want a higher-value building, buy in a vertical windmill and some photovoltaic cells.
Like the paparazzi surrounding celebrities, agents and developers are crowding round the warehouse market in the southern part of the M1. And like the paparazzi, they are creating problems for themselves.
Corby is set to complete Phase III of Max Park later this month with a further two high bay warehouses each of 210,000sq ft.
Rental performance between the traditional sector and distribution warehouses has diverged, according to GVA Grimley’s latest Industrial Intelligence report.
Evans Property Group (EPG) is to develop 134,850sq m of warehousing space on its 300 acre Fradley Park scheme on the A38 near the M6 (Toll).
Atlas Ward Structures is working on a distribution scheme in Kettering for main contractor Winvic Construction and pan-European developer ProLogis. The ultimate client is Bosch Siemens Homeware.
Eden Park Developments, part of the Fiducia Group, has received planning permission to create a £30M industrial and distribution park and business complex at Grange Park in Northampton in a joint venture with Shepherd Developments.
Matthews & Goodman is advising Pirelli on the sale of a site on Wrexham Industrial Estate.
