Lightweight Containers, a Dutch-based manufacturer of lightweight kegs for the drinks industry, has chosen to locate its first UK manufacturing plant in County Durham. The company has taken a 10 year lease on a 62,000 sq. ft. unit at Foxcover Industrial Estate in Seaham and expects to create around 35 jobs within two years. The … Continued
North East industrial property specialist HTA Real Estate has completed a trio of lettings to automotive parts distributor, The Parts Alliance. The firm, which acquired SAS Autoparts in 2016, has signed leases on two units at Blaydon Trade Park in Gateshead, as well as a property at Mandale Business Park in Durham. HTA Real Estate … Continued
We are very pleased to be appointed by Harworth Estates as sole agents on Lynefield Park in Northumberland. Here is our client’s latest announcement regarding their on-site progress and timescales for this significant regional development: Harworth Group’s plans for a 1.3 million sq ft employment park on the site of the former Alcan Aluminium … Continued
North East industrial property specialist HTA Real Estate has brokered a sale and leaseback transaction on behalf of Simpson Group for its 68,000sqft headquarter facility in Washington. The £11m turnover print business, which earlier this month announced a management buyout, has signed a new 25-year lease as part of the property investment sale. Russell Taylor, … Continued
An iconic industrial tool manufacturer has agreed to take 220,000 sq ft of space at the DurhamGate development. HTA Real Estate has secured a deal with Stanley Black & Decker on behalf of Arlington Real Estate. The manufacturer will move into the Meadowfield building to expand its North East operations. Allan Cook, managing director of … Continued
LGIM Real Assets (Legal & General) has announced a major pre-let at Gateshead’s Follingsby Park, which will see the development of a new 135,000 sq.ft warehouse for TOR Coatings. The deal, which was secured at the end of last year, represents the largest North East industrial pre-let in a decade. Planning permission was granted by … Continued
Industrial property specialist HTA Real Estate has completed the £2.6m sale of warehouse premises in Chester le Street to H W Martin (Plant) Limited, on behalf of Birmingham-based Blue Marble Asset Management (Blue Marble). The 41,400 sq ft distribution facility at Drum Industrial Estate will provide H W Martin (Traffic Management) Limited with a … Continued
Industrial property specialist, HTA Real Estate has completed the letting of a 20,000 sq.ft warehouse at Byker Bank to an expanding North East climbing centre. Climb Newcastle Ltd, which initially opened in 2008 at the old swimming pool in Byker, has taken two floors of the property at Ford Street and invested over £300,000 in … Continued
Ringtons has signed a five-year lease on a 5,701 sq ft unit, which has recently undergone a comprehensive refurbishment. BNP Paribas Real Estate and HTA Real Estate acted as joint letting agents for Canmoor Asset Management and secured the deal prior to completion of the refurbishment works. The trade park, which is situated on the … Continued
North East industrial property specialist HTA Real Estate has secured the letting of a 48,000sqft unit to global fire systems manufacturer, Advanced, at Balliol Business Park in Longbenton. Currently based in Cramlington, Advanced has signed a 10-year lease, which will commence upon completion of a £2m refurbishment. The landlord of the property, Ashall Homes Ltd. … Continued