Big shed supply remains high in regions such as Yorkshire & Humberside but elsewhere good quality supply is tighter. Liza Helps investigates.
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Supply in the North West is drying up fast following a burst of interest in prime industrial stock towards the end of 2009.
Developer Muse has started what is believed to be the first speculative big shed development in the country for nearly a year.
Wasdell Packaging has taken a 63,000 sq ft warehouse at Euroway Industrial Park in Gloucestershire.
Objectors are set to challenge a recent planning consent for a regional distribution centre at Kenmore and Grafton Gate’s Solstice Park scheme in Amesbury near Salisbury.
Central Bedfordshire Council has granted planning permission for a 761,000 sq ft distribution centre at Gazeley’s G.Park Dunstable scheme.
Dart Group, parent company of Fowler Welch Coolchain, has taken developer SEGRO’s 500,000 sq ft The Hub distribution facility in Heywood Distribution Park, Greater Manchester.
Homeware retailer Dunelm Mill has secured a 250,000 sq ft building extension with ProLogis at in ProLogis Stoke, Staffordshire.
Hopes are pinned that JD Sports will finally sign on the dotted line for a 616,000 sq ft distribution centre in Rochdale making it the largest deal secured in the region for at least five years.
Internet grocery company Ocado has short listed five sites for its new 400,000 sq ft bespoke RDC including IM Properties Birch Coppice in the West Midlands.