Drinks company Constellation has opened its 800,000 sq ft bottling and distribution hub in Avonmouth.
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Sterling Capitol has won planning permission to build two warehouses of 600,000 sq ft and 300,000 sq ft at its Capitol Park Goole development in Humberside.
Developer Stoford has completed the speculative development of two warehouses totalling 220,000 sq ft at PRUPIM’s 13-acre Capitol Park development
Lambert Smith Hampton is marketing a 30,000 sq ft chilled warehouse located just off the A259 linking Chichester to Bognor Regis.
Residents are up in arms about a planning application for a 490,000 sq ft warehouse submitted by developer Gazeley in Meir, Stoke-on-Trent.
Newspaper and magazine wholesaler Smiths News has invested £1m in a new distribution centre in South Wales.
SCA Packaging has taken Barberry Developments’ recently refurbished Stanbridge Building in Leighton Buzzard, Bedfordshire. The building, which totals 112,900 sq ft, was let on a new 15-year lease at an agreed rent of £4.25 per sq ft. Savills advised Barbe
Companies considering either a new-build project or an extension should be able to negotiate keener prices, according to Chris Friendship of warehouse and distribution property specialist sbh.
Obviously it is a buyer’s market and one would expect this surplus, coupled with the government’s insistence on Empty Rates, to lead to a drop in rent levels. However, Owen Holder of Knight Frank says there is a note of caution. “As yields have moved out
We are now keen to begin actively marketing the warehouse, offices and hotel and feel that this strategically located site has a great deal to offer occupiers.
