Wrenbridge has completed the refurbishment of a 70,176 sq ft warehouse in Telford Shropshire known as Unit B Stafford Park 7.
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Leading contractors and suppliers specialising in warehouse construction and fittings, have warned that inflation-busting rises in raw materials and utilities are forcing costs to rise well ahead of inflation.
BAA Lynton, on behalf of the Airport Property Partnership, the specialist airport property joint venture between BAA and Morley Fund Management, has started the speculative development of 63,000 sq ft of the 165,385 sq ft airport-related distribution ware
A 210,000 sq ft warehouse at Pioneer Business Park is to be built speculatively now that it has been forward sold for £11m to Macquarie Goodman.
Macquarie Goodman is developing a 23,600 sq m logistics and production facility for NYK Logistics in Torun, Poland.
Bericote Properties has paid ProLogis about £30m for Bronze Age Park in Belvedere, Erith.
Evans has signed two more deals at the Follingsby Park industrial scheme in Gateshead.
MFI is rumoured to have struck a deal on the 750,000 sq ft cross-docked Nimbus building in Doncaster.
Joint venture partners Terrace Hill and Stoford Developments have completed REDD 42 – the £20m distribution facility off Junction 3 of the M42 near Redditch.
Two former car manufacturing works in Coventry have been sold and are likely to provide a massive boost to the amount of warehousing space available in the region in the future.
