Wolseley has opened a 350,000 sq ft distribution centre in Leamington Spa comprising two buildings, linked by an enclosed bridge.
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Developer Gazeley has struck a joint venture deal with UK Coal to develop a site in Leicestershire into a £60m distribution park.
Handleman UK has taken Big Sam, Arlington and Barwood’s 274,700 sq ft cross-docked distribution centre at Wingates Industrial Estate in Bolton on a 10-year lease at an annual rent of £1.17 million a year (£4.25 per sq ft).
Despite a long time in the planning and a negative lobby from residential neighbours planning permission has been granted for a 205,000 sq ft warehouse at Ashroyd Business Park in South Yorkshire.
There is a growing trend among developers to provide cross-docked facilities to the market not just on a design and build basis but speculatively.
Bedford-based independent brewer Charles Wells has selected Gazeley’s G.Park Bedford as the location of its new national distribution hub.
It looks like occupiers are in for a shock; a combination of factors will see rents rise in the North West. Liza Helps reports.
Available industrial floorspace rose by 4.3 per cent between December 2005 and June 2006, according to King Sturge ‘s latest UK Industrial & Distribution Floorspace report.
Charlie Jacoby heads west down the M4 but he reckons that the fabulous rents around the airport make Heathrow a contender for top warehouse location.
Nippon Express (UK) has secured a 15-year lease on a 124,800 sq ft warehouse in Hayes close to Heathrow.