The Co-operative Group has appointed DTZ to market its 320,000 sq ft distribution warehouse at Drum Industrial Estate in Chester le Street, following a competitive pitch.
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A public inquiry in to the development of a rail freight terminal at St Albans has been set for early October.
Distribution warehousing is coming back into vogue with investors.
The planning application for the Co-op’s 503,577 sq ft Scottish national distribution centre at ProLogis Park M8 in Newhouse is being considered by North Lanarkshire Council.
Clean Linen Services, Launderer and Dry Cleaner to HM The Queen has paid Standard Life Investments £1.9m for a 31,000 sq ft warehouse on Yorktown Industrial Estate in Camberley, Surrey.
Developer HelioSlough’s resubmission of plans for a 3.5 million sq ft rail freight hub in St Albans have been rejected unanimously by the council.
Waste management firm Biffa has taken Legal & General’s 208,000 sq ft Fusion warehouse in Trafford Park, Manchester on a 20-year lease at £4.75 per sq ft.
Packaging company Samuel Grant Group has purchased a 21,260sq ft industrial unit at St Paul’s Developments’ Smithy Wood regeneration scheme in South Yorkshire.
Mechanical engineering company EnerMech has taken a 15-year lease at £6.60 per sq ft on the former Acergy site at Bucksburn, Aberdeen from Stewart Milne Developments.
Veolia Transport has agreed terms to establish its new South Wales headquarters just to the north of Cardiff.
