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New development director for sustainable logistics jv

Alex Reynolds is the new development director in charge of Greenbox, a sustainable logistics development joint venture between logistics development company Citivale and global private markets firm Partners Group, which was set up earlier this year.

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DHL takes over Sainsbury’s Basildon site

DHL has taken over the 381,505 ft2 former Sainsbury’s /Argos  distribution centre in Basildon, Essex, which was earmarked for closure as part of Sainsbury’s consolidation plans announced in January this year.

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West Yorkshire warehouse deal

White goods, kitchen appliances and fittings wholesaler Apelson Appliances UK has agreed to lease a warehouse on the Normanton Industrial Estate in West Yorkshire.

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Greenlight to convert offices to warehouse

New logistics platform Greenlight, the joint venture between real estate investment and development manager, Delancey, and privately owned commercial property company Coltham, is looking to convert offices in Reading to industrial as it pushes ahead with it mid-box warehousing initiative. 

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Bonus offered to let warehouse

Mountpark is offering a fixed £750,000 commission to the party who first secures an occupier for its Bristol 360 cross-docked logistics facility in the southwest.

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Wilko distribution centres close today

PwC, the administrators of defunct UK homeware chain Wilko, have confirmed that the retailer’s distribution centres in Worksop and Wales will close today with the loss of 300 jobs.

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article

Easy money drives subletting

BASICALLY, AN occupier could now sub-let part, or even all of their warehouse space and make enough money to pay the rent on the space and even make a profit.

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