Property agents across the country are reporting an increase in the number of companies enquiring about space for logistics for the first time in a year.
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Enquiries are on the up, but the thought that occupiers could turn and flee again must be too dreadful to bear, says LIZA HELPS.
It’s not only a long but a lonely one, with the Midlands and North West sections of the M6 accounting for 38 per cent of the UK’s total empty warehouse space. But this might be changing. JESSICA DAVIES reports.
Plans for what will be one of the biggest port-related developments in the country – covering almost 1,500 acres on the south bank of the Humber – have been submitted to North Lincolnshire Council.
The shortlist for the Industrial Agents Society Awards 2009 has been revealed.
Grayson Thermal Systems has taken on the remaining ten years of a lease on a 42,440 sq ft facility at Neo Park, Wharfdale Road, Tyseley, Birmingham.
Lightbody Group, a subsidiary of Finsbury Food Group, has taken the 71,700 sq ft Artemis building at Eurocentral in Lanarkshire.
Plans for a £48m business park in Lancashire comprising 680,000 sq ft of mixed-use employment space, including large industrial units of up to 400,000 sq ft, have been given the go-ahead by Burnley Council.
F&C REIT Asset Management, on behalf of IRP Property Investments has let the 27,764 sq ft Unit B warehouse at Hemel Gateway, Hemel Hempstead to Irish based photographic and medical diagnostic imaging company Photologic on a ten-year lease at a rent of £7.
Blackburns Metals has relocated its aluminium coil and plate processing business from its Tipton site to London and Cambridge Properties’ 38,669 sq ft warehouse at the Pensnett Estate in Kingswinford.
