Brixton has sold 50% of its interest in two major Heathrow estates to Prudential Life Assurance for £108.9M. The two holdings concerned areAxis Park at Langley and Heathrow Corporate Park (HCP).
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Acting on behalf of La’Pec Properties, Rogers Chapman has sold the freehold investment of 13-15 Willow Road, Poyle, near Heathrow, to a client of LaSalle Investment Management for more than £1.6M. The sale was on behalf of a private client.
American wetsuit manufacturer O’Neill’s national distribution centre (NDC) at Midhurst, West Sussex, features a new complete garment racking, handling and distribution system installed by Warehouse Systems (WSL).
Associated British Ports is investing £500,000 in developing a new facility at its Port of Immingham, following a term agreement with Whitemountain Roadstone.
Freight forwarder and storage company Expeditors International (UK) is letting 9,031sq m of warehouse space at Polar Park, Heathrow, from Brixton for more than £1M a year, or £10.50 per sq ft. Brixton says the letting is the largest open market tra
Maro Developments has submitted a planning application to Trafford Metropolitan Borough Council to develop a £30M, 55,800sq m B2/B8 development at Carrington First in Manchester Road, Carrington.
Business services provider MGt has opened two new premises in Fife which represents the latest stage in its expansion plans.
Gazeley is buying the freehold of a vacant 100-acre site in Swindon for an undisclosed sum. The site, formerly called The Triangle, is currently owned by a consortium of private landowners and the deal is subject to Gazeley obtaining detailed planning.
Phase I of Knowle Village Business Park at Fareham is now complete and already has its first occupant.
Suzuki GB, advised by FPDSavills, has bought a 10.27-acre site in Milton Keynes from national regeneration agency English Partnerships.
