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
Industrial property specialist HTA Real Estate has been appointed alongside CBRE to market a County Durham business park, which it says can plug an important gap in the region’s property market. Jade Business Park, located adjacent to the Dalton Park shopping outlet, has planning permission for large-scale industrial development, of which there is a well-documented … Continued
HTA director Nick Atkinson triumphed once again at this years Buccleuch Property Challenge in Dumfriesshire. Nick joined Michael O’Driscoll of Northumberland Estates and Adam Heather of DWF as part of the ‘Percy Plodders’ team who finished the day as gold medallists. The challenge takes place at Drumlanrig Castle on the Duke of Buccleuch’s estate and … Continued
Last Sunday four of the leading North East industrial agents committed themselves to a marathon 100 mile cycle ride from Annan on the west coast to Tynemouth on the east coast. They were raising funds for the Northern Head and Neck Charity which aims to make life better for those diagnosed with head and neck … Continued
Nick Atkinson, director at Newcastle-based HTA Real Estate, discusses his views on the North East industrial market… The industrial market in the North East continues to be a tale of limited supply and strong demand. Nissan’s announcement last autumn that it will build the new Qashqai and X-Trail at its Sunderland plant has only helped … Continued