Universal Consolidated Group has just completed a million pound refurbishment of the 7,4000 sq m (80,000 sq ft) warehouse building, at Nursling near Southampton.
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The largest speculative high bay warehouse facility developed in Trafford Park in recent years is now completed and ready for occupation.
ROK Developments has paid Arlington Securities more than £700,000 per ha (£283,000 an acre) for a 1.74ha (4.3acre) site at Gloucester Business Park.
Slough Estates has announced plans for a £20m speculative redevelopment of the 10.5 acre Nechells site close to Junction 6 of the M6 Motorway and the Heartlands Spine Road in the West Midlands.
New industrial development appears to be restrained despite exceptionally good economic conditions.
A planning application for a £140m warehouse and distribution park in Peterborough has been submitted by Gateway Partnership, a joint venture between Frenbury Properties and Simons Developments in partnership with Milton (Peterborough) Estate
Tesco and Sainsbury’s have secured major distribution warehouses in Scotland this month. Sainsbury’s finally got planning permission from Strathclyde Council for a 18,850 sq m (200,000 sq ft) plus shed and Tesco plumped for a massive new
St Modwen is seeking planning consent for a 139,350 sq m (1.5 million sq ft) scheme on a 40.47ha (100 acre) plot within the 242.81ha (600 acres) it acquired from Corus in 2004 for £17.5m at Llanarwen, Newport, South Wales.
Developer JF Finnegan has been selected as preferred developer by RDA Yorkshire Forward for the 6.72ha (16.6 acre) Beighton colliery site,
Opus Land and Arlington Property Investors are set to increase the size of their Opus Nine development in the Black Country following the £2m plus acquisition of an adjacent 3.44ha (8.5-acre) plot owned by garden tool maker Spear & Jackson.
