Tag: Distribution Centres



LondonMetric acquires Dagenham Distribution Facility for £56.5 Million

Posted on 21 January, 2015 by Chris Grigorovsky under Commercial Sales and Lets

LondonMetric Property PLC has acquired the 410,000 sq ft Eddie Stobart distribution facility in Dagenham from Meaalofa Developments Holdings Limited for £56.5 million. The 28 acre site is currently let to Eddie Stobart for seventeen years, with a rent of... Read More

Barnsley Distribution Centre Sold for £30m

Posted on 23 December, 2014 by Chris Grigorovsky under Commercial Sales and Lets

A Barnsley logistics and distribution centre has been sold for a total of £30m to a joint venture between Credit Suisse and Westmount Real Estate. The 492, 000 sq ft warehouse is currently let to bedroom, bathroom and kitchen supplier Symphony on a 25... Read More

B&M seeks Leaseback Deal for ‘serious’ Merseyside Warehouse

Posted on 29 September, 2014 by Cliff Goodwin under Commercial Sales and Lets

One of Britain’s fastest growing cut price retailers is hoping to put together a sale and leaseback deal on its Merseyside Qube distribution centre. B&M Bargains — which is asking £36.5m for its 500,000 sq ft Estuary Commerce Park warehouse... Read More

Amazon submits plans to expand Staffordshire Distribution Centre

Posted on 14 August, 2014 by Kirsten Kennedy under Top Properties

Amazon continues to be one of the major powerhouses of internet retailing, with millions of consumers placing orders worldwide each year. Yet in order to remain ahead of the increasingly strong competition, the online giant has recognised the need to invest... Read More

UK’s biggest Logistics Hub could “eliminate unemployment” in Northamptonshire

Posted on 10 July, 2014 by Cliff Goodwin under Commercial Developments

An MP has claimed the go-ahead for an eight-million sq ft Northamptonshire logistics terminal could wipe out unemployment in his constituency. The developers of the DIRFT III site at Daventry say it will create at least 9,000 jobs. After three months... Read More

Prologis signs build-to-suit deals in Mexico and China

Posted on 23 June, 2014 by Cliff Goodwin under Worldwide Property News

The global real estate investment trust Prologis has signed two deals to deliver almost a million sq ft of build-to-suit logistics space in China and Mexico. The biggest contract is for a 500,000sq ft distribution centre in Mexico’s third largest... Read More

Amazon to double size of Rugeley Distribution Centre

Posted on 16 June, 2014 by Kirsten Kennedy under Business News

As internet retailers continue to grow their market share at an astounding rate, many of the larger site operators have been driving demand for ‘Big Shed ‘distribution centres. Amazon’s fulfillment centre in Rugeley already measures around the... Read More

Screwfix Distribution Centre expansion highlights Confidence in Stoke

Posted on 8 June, 2014 by Kirsten Kennedy under Business News

Screwfix this week announced a large scale investment into the growth of its Stoke-on-Trent based distribution centre. Under the plans, which have already gained approval from the local authority, Screwfix’s existing 320,000 sq ft facility will almost... Read More

Joint London Gateway venture for Prologis and DP World

Posted on 10 May, 2014 by Cliff Goodwin under Commercial Developments

Prologis and the Emirati marine terminal and port operator DP World have teamed up to speculatively build a distribution centre at London Gateway Logistics Park. The fifty-fifty 316,000sq ft joint venture is being designed to offer the maximum... Read More

Prologis to complete Heathrow Park with two units

Posted on 25 April, 2014 by Cliff Goodwin under Commercial Developments

Prologis is to complete its existing Heathrow industrial park with the speculative build of two logistics facilities totalling almost 140,000sq ft. Prologis Park Heathrow, close to Junction 4 of the M4 motorway, is just over a mile from the main... Read More