Craigard Investments is taking advantage of a lack of big shed space along the M3 Corridor and is speculatively refurbishing a 100,000 sq ft plus warehouse in Eastleigh, Southampton, which it will call Avalon.
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Wolseley has opened a 350,000 sq ft distribution centre in Leamington Spa comprising two buildings, linked by an enclosed bridge.
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.
Nippon Express (UK) has secured a 15-year lease on a 124,800 sq ft warehouse in Hayes close to Heathrow.
Are sale and leasebacks a sign of trouble or good financial planning? Liza Helps investigates.
Gladman Developments has got the green light to build a 361,205 sq ft speculative distribution warehouse near Runcorn, Cheshire.
Agents Atisreal and NAI Fuller Peiser are banking on a shortage of good quality warehousing in Bristol to boost the chances of a successful letting of the recently refurbished Coors building at Aztec West, Bristol.