One of the most anticipated, and debated, issues for the North East has been the £600m North of Tyne Devolution deal. When finalised, it will lead to a transfer of powers from central government to those areas across the North of Tyne and will be expected to help generate 10,000 new jobs. The aim will … Continued
HTA Real Estate is delighted to be sponsoring Becky Coleman who will soon be representing Great Britain in the 2018 European Aquathlon Championships. The event, which will take place in Ibiza in October, comprises of a combination of running and swimming. Becky got back into running after her third child was born in 2013 and … Continued
HTA Real Estate has completed a trio of deals at Team Valley amounting to over £2.5m. The industrial property specialist has concluded the sale of three industrial premises on Kingsway, the main thoroughfare through the popular Gateshead business park. Acting on behalf of Express Group, HTA has completed the sale of Unit 2 Kings Court … Continued
HTA Real Estate’s director, Nick Atkinson comments on how the ever changing retail sector has presented many opportunities for the North East industrial market. In recent months we have all witnessed the growing list of high street retail casualties hitting the headlines, apparently signalling that the days of the traditional retail model are numbered. Whilst … Continued
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