Industrial asset management specialist NSM has let an additional unit to global logistics giant Hermes – with the deal from initial enquiry to occupation taking just five days. As demand for logistic and industrial space grows during the covid-19 crisis, NSM was initially approached by Hermes with a speculative enquiry
Gazeley, a leading investor and developer of logistics warehouses and distribution parks, today announces the lease of a 186,000 SQ FT unit at its Magna Park Lutterworth site to Bleckmann, a market leader in Supply Chain Management (SCM) services for the fashion and lifestyle brands. The unit has been leased
On behalf of Towngate Plc, Caddick Construction has completed a 57,500 sq ft speculative industrial development at Cross Green Industrial Estate, which is set to accommodate around 115 jobs. This is the third unit to complete at the site. Caddick Construction successfully delivered the first two units as part of
Leading commercial real estate developer Network Space has completed the industrial scheme Central 23 located on the northern fringe of Liverpool City Centre. Constructed on behalf of global investors Infrared Capital Partners, the 1.75-acre brownfield site provides a single 23,500 sq. ft industrial unit complete with substantial office provision, significant
A massive new development, to be called Horizon29, will create more than 2,250 warehouse jobs in Derbyshire, according to developers and investors. To consist of five warehouses covering a total space of over 800,000 square feet, the project in Derbyshire’s Chesterfield has now received planning permission and is all set
Chetwoods have designed this scheme for an iconic national distribution centre that aims to be the ‘most sustainable warehouse in the world’. Commissioned by logistics developers Gazeley, the scheme seeks to enhance its environment and improve the health and wellbeing of its occupants. The building and the landscape which surround
The Mick George Group, a Cambridgeshire based Construction specialist which operates two sites within the Leicestershire region has landed a multi-service construction package worth circa £20m for works to be completed at Magna Park Lutterworth, Europe’s largest dedicated logistics and distribution park. The contract represents yet another high-profile project that
Canmoor is delighted to announce that Malcolm Group has agreed terms for 67,000 sq ft of warehouse space at Westway Park in Renfrew. The deal represents the largest lockdown industrial deal to be concluded in Scotland so far. Malcolm Group, one of the UK’s most successful logistics, construction and maintenance
The second phase of developer Jaynic’s Suffolk Park in Bury St Edmunds, Suffolk, has secured detailed planning consent from West Suffolk Council. The second phase of warehouse units at the 114-acre scheme totals 367,000 sq ft in four units of 37,000 sq ft, 80,000 sq ft, 100,000 sq ft and
Amazon is thought to be the main beneficiary of a recent planning approval at developer PLP’s Gateway 45 scheme in Leeds. The internet giant is believed to be the reason behind a reserved matters application proposing a single 2 million sq ft distribution warehouse at the scheme that recently scored
Industrial asset management specialist NSM has let an additional unit to global logistics giant Hermes – with the deal from initial enquiry to occupation taking just five days. As demand for logistic and industrial space grows during the covid-19 crisis, NSM was initially approached by Hermes with a speculative enquiry on Monday April 27 for expansion space at the Vector 31 Industrial Park, close to Junction 31 of the M1. A viewing was arranged, and Head of Terms were finalised within 24 hours. The lease was agreed and signed a day later with Hermes taking occupation of the 11,650 sq. ft unit on Friday May 1st. NSM Managing Director Nicky Jones said: “Demand for quality logistics and industrial space is huge at the moment but even in our most optimistic moment we never thought we would be able to deliver a deal like this in such a tight timeframe. I am incredibly proud of the NSM team and our partners for making a 5-day turnaround possible, it really shows how agile our business is. “We are obviously delighted to assist a current tenant and we have also been able to offer flexible leasing terms that suit their current business demands.” Vector 31 offers nine high quality modern industrial units with gated yards, centrally heated offices, dedicated car parking, heating and lighting in the warehousing areas, as well as 7m high eaves. As an industrial asset management specialist NSM manages more than 4.3million sq. ft of industrial property across the north. It currently looks after 669 units nationally with a rent roll in excess of £14m. David McPherson, Head of Depots said “We’re delighted that NSM has been able to support Hermes with a quick turnaround on the letting. Our business is incredibly agile and needs to have the ability to quickly scale up when demand is high, the pandemic has accelerated the shift from the high street to online. Additional pop-up depots like these give us the opportunity to operate safely and continue to support our clients so we can meet demand from the end customer and in turn support the government’s guidance to stay home wherever possible.”
Gazeley, a leading investor and developer of logistics warehouses and distribution parks, today announces the lease of a 186,000 SQ FT unit at its Magna Park Lutterworth site to Bleckmann, a market leader in Supply Chain Management (SCM) services for the fashion and lifestyle brands. The unit has been leased on a long term lease and will serve as Bleckmann’s new distribution centre in the UK. Tornado 186 is a 186,000 SQ FT unit and has been designed to include a range of leading sustainability features, including online energy dashboards to help customers monitor energy usage, as well as rainwater harvesting and technology to optimise the use of natural light. Magna Park Lutterworth is the UK’s first and Europe’s largest dedicated logistics and distribution park. It is currently undergoing development to expand the park from 9 million SQ FT of floor space to nearly 16 million SQ FT in the coming years. Gazeley is also developing a series of new amenities, including wellness and recreation facilities as well as the new Logistics Institute of Technology (LIT). Magna Park, Lutterworth benefits from excellent transport links to the rest of the UK, with 59.3 million people, or 85% of the UK population, within a four hour drive of the development as a result of its easy access to the M1, M6 and M69 motorways. Joe Garwood, Development Director, Gazeley, said: “We are delighted to announce Bleckmann as the newest member of our customer community and look forward to growing our partnership with them in the years to come”. Situated in the heart of the “UK’s Logistics Golden Triangle”, Magna Park Lutterworth is an iconic development, ideally suited to serve the fast-expanding supply chain operations of today’s distribution companies. Four further units on our Magna Park South Lutterworth comprising 746,000 SQ FT, 300,000 SQ FT, 126,000 SQ FT and 98,000 SQ FT will be available for occupancy in Autumn 2020.”
On behalf of Towngate Plc, Caddick Construction has completed a 57,500 sq ft speculative industrial development at Cross Green Industrial Estate, which is set to accommodate around 115 jobs. This is the third unit to complete at the site. Caddick Construction successfully delivered the first two units as part of the Towngate Link project, with both being snapped up as pre-lets by wine merchant, London City Bond and Beerhawk. The construction team is also on site delivering a further 17,000 sq ft detached double portal framed building which is due to complete in June 2020. Robert Smith from Towngate Plc said: “Caddick Construction has delivered this third unit to the same high-quality as our earlier phases and as a result is generating a lot of interest in the market. With very little prime industrial space to satisfy the needs of small and medium sized businesses, both this and the well-progressed Towngate Link 5 are set to let swiftly.” Chris Allott, Senior Contracts Manager from Caddick Construction, said: “Towngate Link is a very successful and popular development and the team is pleased to continue to support its expansion.” Cross Green Industrial Estate is just a mile from the M1/M621 motorway and Leeds City Centre. It is one of the city’s largest industrial estates and home to many manufacturing, distribution and warehousing operations, including John Lewis and Amazon. Approximately 3,000 people work at the site.
Leading commercial real estate developer Network Space has completed the industrial scheme Central 23 located on the northern fringe of Liverpool City Centre. Constructed on behalf of global investors Infrared Capital Partners, the 1.75-acre brownfield site provides a single 23,500 sq. ft industrial unit complete with substantial office provision, significant power capacity, fibre broadband and generous on-site car parking provision within a self-contained and secure yard. The site benefits from an additional service area to the rear offering rare additional parking and storage capacity. Ideally located for easy access to the City centre and surrounds, it sits off the junction with the A5038 Vauxhall Road and Leeds Street, adjacent to the City’s new creative district of Ten Streets and in close proximity to Liverpool Docks & L2 deep port to the north. Network Space Senior Development Manager Catherine Chilvers said: “Provision of prominent and accessible industrial warehouse space of this size and quality, so close to the city centre is a rarity. The scheme’s position on the fringe of the City Centre means the development is perfectly placed to appeal to a wide range of businesses and urban logistic operators who require access into the City and wider conurbation. “There is a known shortage of modern, high quality, self-contained and accessible industrial accommodation across the Liverpool City Region and the level of interest already been shown in Central 23 is extremely encouraging.” Dean Harrison, Investment Director from Infrared Capital Partners, added: “Upon completion of Central 23, its ownership transferred to InfraRed Capital Partners which acquired the site as part of a £93 million deal with Network Space in 2018. Since 2018, the portfolio has been materially expanded through a selective acquisition strategy targeting last mile delivery occupiers. The portfolio, located within the Northern Powerhouse cities of Manchester, Liverpool, Leeds and Sheffield, now extends to 1.4m sq ft in 32 urban logistics assets with construction having commenced on an additional two multi-let industrial estates.” Construction partners on Central 23 were Caddick Construction, Architectural and Engineering services were provided by WYG, with Quantity Surveyors Walker Sime. Agents for the scheme are CBRE and DTRE.
A massive new development, to be called Horizon29, will create more than 2,250 warehouse jobs in Derbyshire, according to developers and investors. To consist of five warehouses covering a total space of over 800,000 square feet, the project in Derbyshire’s Chesterfield has now received planning permission and is all set to go ahead. The warehousing development is to be built near the M1’s Junction 29A in the Markham Vale area of Chesterfield and will create thousands of jobs for the region. Developers iSec and the St. Francis Group say they are hoping to fill the site with businesses from the manufacturing, logistics and industrial sectors and will have some plots ready for operation as early as next year. Once the two phases of the Horizon29 development are complete, the developers estimate that 2,253 full or part time jobs in Derbyshire will be created. The D2N2 Local Enterprise Partnership is a major investor in the Derbyshire project. Giving an update on the development, the LEP’s Chief Executive, Sajeeda Rose, said: “I’m pleased to see the first phase of the Horizon29 development progressing well. As thoughts turn to how our region recovers from the ongoing Coronavirus pandemic, projects like Horizon29 will be key in supporting our regional economy recovering and creating jobs for our people and communities.” Development Director for iSec, Nigel Lax, also commented, saying: “As well as stimulating significant local job opportunities, we also expect the scheme to stimulate fresh inward investment in the area, giving a significant boost to the local economy. At 1.4 million sq ft in total, the scheme will play a national role in the ever-expanding logistics market, based on rapidly increasing demand from e-commerce.” “Horizon29 will be opening for business and available to logistics and manufacturing companies looking to return to some degree of normality in the not too distant future and capitalises on an outstanding location close to Sheffield, Chesterfield, Nottingham and Derby,” added Mr Lax.
Chetwoods have designed this scheme for an iconic national distribution centre that aims to be the ‘most sustainable warehouse in the world’. Commissioned by logistics developers Gazeley, the scheme seeks to enhance its environment and improve the health and wellbeing of its occupants. The building and the landscape which surround it act as one entity, each benefiting from the other in a symbiotic way. The native flora and fauna spills into the site, and the landscaping is either edible, encouraging pollinators, or used for recreational purposes. The project continues our long-term work with Gazeley on its ‘Route to Net Zero’ sustainability roadmap, which outlines the vision for creating the world’s most innovative sustainable buildings. Graeme Munro, head of construction Europe, Gazeley: “We’ve worked with Chetwoods for the last 30 years and their specialist environmental sustainability and wellbeing knowledge was key to developing our Route to Net Zero. Thrive is the perfect partner to help us realise our sustainability goals.”
The Mick George Group, a Cambridgeshire based Construction specialist which operates two sites within the Leicestershire region has landed a multi-service construction package worth circa £20m for works to be completed at Magna Park Lutterworth, Europe’s largest dedicated logistics and distribution park. The contract represents yet another high-profile project that the firm is concurrently engaged, and will see the business complete various enabling, stabilisation, demolition, environmental and facilities management works on behalf of Gazeley, a leading investor and developer of logistics warehouses and distribution parks. Through various initiatives, the scheme seeks to expand the existing 9 million Sq. Ft. of floor space to 16 million Sq. Ft in the coming years. Development has begun on three speculative logistics and distribution units totalling 525,400 Sq. Ft. which will be available for occupancy in Autumn 2020, while a further unit of 746,500 Sq. Ft (subject to planning permission) is also be being planned. In total Magna Park South, Lutterworth could accommodate 2.8 million Sq. Ft with build-to-suit options available in a range of sizes. Magna Park Lutterworth benefits from excellent transport links to the rest of the UK, with 59.3 million people, or 85% of the UK population, within four hours’ truck drive-time of the development, owing to its easy access to the M1, M6 and M69 motorways.
Canmoor is delighted to announce that Malcolm Group has agreed terms for 67,000 sq ft of warehouse space at Westway Park in Renfrew. The deal represents the largest lockdown industrial deal to be concluded in Scotland so far. Malcolm Group, one of the UK’s most successful logistics, construction and maintenance services companies, will use Block E3 for short-term storage requirements. Rob Large, director of Canmoor said: “Westway continues to offer the ideal property solution for prestigious occupiers like Malcolm. We always adopt a practical and ‘can do’ approach and were able to provide the right product and terms to meet Malcolm’s key business requirements.” Iain Davidson, of joint agent Colliers International added: “Malcolm has a long history with Westway and was attracted by the quality of space, as well as the great location and flexibility. The space requirement was time-sensitive and we were able to conclude the deal within six days of viewing.” Norman Pollock, of Pollock Property Advisors, who represented Malcolm, said: “Malcolm had an immediate need for storage space in a secure and well-connected location. Westway was quickly able to provide the perfect space solution, less than three miles from Malcolm’s headquarters at Linwood.” Westway offers excellent connectivity to the whole of Central Scotland, with Junction 27 of the M8 only 3 minutes drive away. The park is located in the heart of the Glasgow Airport Investment area, which is one of the key City Deal projects that will benefit from £39.1m of inward investment over the next 10 years. This will deliver significant infrastructure investment to the area including a new two-lane bridge over the White Cart, directly linking Westway with the investment area and airport. Other key occupiers at Westway include Doosan Babcock, AMG Group, JW Filshill, Malin Fabrication, the NHS and Strathclyde University. Westway joint agents are Colliers International and JLL. The Malcolm Group was represented by Pollock Property Advisors.
The second phase of developer Jaynic’s Suffolk Park in Bury St Edmunds, Suffolk, has secured detailed planning consent from West Suffolk Council. The second phase of warehouse units at the 114-acre scheme totals 367,000 sq ft in four units of 37,000 sq ft, 80,000 sq ft, 100,000 sq ft and 150,000 sq ft, respectively. Jaynic has outline consent for up to 2 million sq ft of business, distribution and industrial space at the scheme The first phase saw the development of speculative two warehouse units totalling 357,000 sq ft. The 147,000 sq ft building was successfully let to Unipart acting as the provider for the NHS Supply Chain last Summer, and it is in detailed negotiations with occupiers on its second 206,000 sq ft unit. Ben Oughton, Jaynic development director, said: “Despite the current health crisis there is strong evidence that there is still significant demand for well-located logistics warehouses. We felt that as the first phase is proving successful with Unipart taking the first unit and the current strong demand for the second unit the time was right to go ahead with a further second phase of speculative units.” Suffolk Park is located immediately adjacent to the A14 trunk road providing a fast transport link from the east coast ports through East Anglia and into the national motorway network. A recent report from Savills on big shed supply highlighted the lack of new speculative units in East Anglia. At the time the report commented that: “there are no speculative units scheduled for delivery in 2019” and pointed out that the first phase of units at Suffolk Park units were the first speculative warehouses to be delivered in the region for over a decade. Encouraged by this Jaynic has gained planning consent for this second phase. Letting agents are Hazells Chartered Surveyors, Bidwells and Savills
Amazon is thought to be the main beneficiary of a recent planning approval at developer PLP’s Gateway 45 scheme in Leeds. The internet giant is believed to be the reason behind a reserved matters application proposing a single 2 million sq ft distribution warehouse at the scheme that recently scored approval from Leeds Council. The application was for a 2,001,543 sq ft facility with a footplate of some 464,809 sq ft with three further mezzanines on the 43.66 acre site owned by PLP. In the planning statement submitted as part of the application said: “The proposed development represents a major economic investment and will enable a significant number of jobs to come forward in a key site in the Aire Valley Leeds Enterprise Zone. A key aim of this Zone is to drive growth and investment in Leeds and the wider City Region.” PLP acquired the plot from Aire Valley Land, a joint venture between Harworth Group and Evans Property Group, earlier this year. At the time of the sale the plot had planning for up to 855,000 sq ft of industrial and distribution space. This is the second planning application for the site, previously PLP submitted plans for a scheme for four distribution units with sizes ranging from 59,000 sq ft to 400,000 sq ft to be developed on a speculative and pre-let basis. Joint letting agents are CBRE and Gent Visick. Gateway 45 is located next to Junction 45 of the M1 and extends to 166 acres, with outline planning consent for 2.64 million sq ft of commercial space. The PLP UKLV deal follows three previous separate disposals totalling 55.5 acres, generating a total consideration of £30.3m. Gent Visick advised on the sale of the plot. There has been no comment for the parties involved.