Developer Rosemound has secured planning consent for a 194,000 sq ft scheme comprising 26 units ranging from 2,044 sq ft to 33,980 sq ft on the 9.6-acre former Truckworld site on Oliver Road, West Thurrock, Essex.
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According to research by ProLogis and King Sturge more than 25 percent of all new distribution warehouse construction is occurring in just two key markets, the East and West Midlands.
Northamptonshire has become so popular with warehouse developers and occupiers that land prices have been as high as £375,000 per acre according to Lambert Smith Hampton.
Woodward Foodservices has taken a 85,422 sq ft warehouse at Boultbee, Innovate and Schroders’ Zenith2 development in Deykin Avenue, Witton, Birmingham.
A 150,000 sq ft national distribution centre for NHS Scotland, which was taken on a 25-year lease with 15 year break option at Canderside Toll Larkhall at junction 8 of the M74, is nearing completion.
Gladman Developments has secured a site for a speculative 410,000 sq ft industrial and distribution development near Barnsley in South Yorkshire.
Tesco is to sign the largest single warehouse letting of the year at Evans Property Group’s Fradley Park in Lichfield.
Gazeley has been awarded the Best Sustainability Innovation Award for its sustainable warehouse buildings featured at Magna Park in Lutterworth at the 2006 Local Authority Building Control Awards (LABC).
Landlords have agreed a new voluntary Code of Practice for commercial leases, which will considerably benefit tenants in the future, according to Charles Woollam, a partner at property consultancy Donaldsons,
They may not be mega sheds topping 750,000 sq ft but big sheds are still popular with developers in the North West, with some 15 schemes providing sheds over 300,000 sq ft. In fact so strong is the market that there is a frenzied trade among developers an
