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.
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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
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.
European logistics property developer Gazeley has received
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
As at the middle of July, FPDSavills Research had identified 42 schemes that were in the development pipeline within the M25 northern sector, a market area that stretches from the M40 eastwards to the Thames and goes as far north as Stevenage.
