The 350,000 sq ft former Vickers Tank Factory at Crossgates, Leeds, was let to Royal Mail to help cope with the recent strike.
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The return of the M62 corridor as a logistics location is back on the cards. According to Andrew Pexton of GVA Grimley: “The M62 corridor has always been a relatively strong location in terms of the requirements of distribution companies. Over recent year
St Modwen has started the redevelopment of the former MG Rover plant in Longbridge, Birmingham.
It was more than 20 years ago that supply chain companies first started asking why they needed space suppliers. If they found their own site, surely they wanted a “space enabler”. It sounded cheaper.
NYK Logistics has opened a new 329,901 sq ft distribution centre on the Park Farm Industrial Estate in Wellingborough, Northamptonshire.
Alliance Logistics has secured a short term letting on a 77,000 sq ft warehouse on Drury Lane, Oldham from Morley Estates.
Gazeley is to build the world’s greenest business and logistics park on a 31-acre site on a former colliery in Staffordshire.
Property company Wrenbridge has secured planning for a 100,000 sq ft warehouse/production unit at Papworth Business Park, Cambridgeshire.
Cladding system provider Keel Supplies has taken Rosedale Property Holdings’ 51,500 sq ft Unit 2, Tenax Cross warehouse in Trafford Park on a 10-year lease at a rent of £300,000 a year.
Following the sale of Merlin Park to ING Real Estate Investment Management the second phase of the scheme is now under way.
