Browsing: Property

Footwear distributor, Gardiner Bros. & Co (Leathers) has just acquired two distribution units totalling 30,212 sq ft at St Modwen’s 32-acre, Quedgeley West Business Park in Gloucester.

Leeds-based Northern Foods has snapped up the 135,000 sq ft former RCS warehouse on the Wakefield 41 Industrial Estate following the haulier’s demise earlier this year on a five-year lease.

Tools and fixings supplier Toolstation, has taken a 15 year lease on a 140,000 sq ft distribution complex at Quintain Estates’ Arrow Valley scheme in Redditch, Worcestershire.

Food-packaging manufacturer Scholle Europe has taken REIT Asset Management’s 40,517 sq ft warehouse at the Follingsby Park warehousing development in Gateshead on a ten-year lease with a five-year break, at a rent equivalent to £209,230 per year.

The amount of new warehouses being speculatively developed in the UK has fallen by a whopping 43 per cent according to the latest King Sturge Industrial & Distribution Floorspace Today survey.

John Good Shipping has taken Units 3, 4 and 5 totalling 38,295 sq ft in Block D at Orwell Terminal on Walton Avenue, Felixstowe on a 15 year lease at a rent of £4.25 per sq ft from landlord RREEF advised by Atisreal.

Philips Electronics and Gazeley have signed a deal under which Gazeley will use Philips’ energy efficient lighting across its operations. It expects savings in energy and carbon dioxide emissions amounting to 45 per cent and as much as 83 per cent in wast

ProLogis is to build a 475,000 sq ft warehouse near Paris for clothing retailer C&A. The facility will be developed 45km southeast of the capital in Presles. C&A will use the space as a regional distribution centre, distributing various lines of apparel t