Fashion retailer River Island has paid Gazeley and Land Securities in excess of £20m for the freehold of a 450,000 sq ft distribution centre at Magna Park, Milton Keynes.
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Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a ten-year lease at a rent of around £4.50 per sq ft.
A new industrial park is set to give a new lease of life to one of South Yorkshire’s historic 19th century pit-sites.
When all is said and done, the West Midlands is still the best logistics location in the country and agents say there are plenty of enquiries for space in the region.
According to property pundits across Europe, despite a more subdued level of activity around the world following the recent tangle in the finance markets, occupiers of warehousing are looking at increasing rent levels.
Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
St Modwen Developments has signed an agreement with Darlington Borough Council to open up 70 acres of land
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a 10 year lease at a rent of around £4.50 per sq ft.
Paperchase has taken Unit A at Frontier Estates’ A1M1Link scheme at Thrapston in Northamptonshire on a 10 year lease at £4.75 per sq ft.
