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A leading Tyneside business park has achieved 100% occupancy for the first time in its c.20 year history, demonstrating the healthy state of the region’s industrial property market. Fuelled by the ever increasing demand for online retail solutions, the latest letting at Follingsby Park has seen postal delivery firm Whistl take its third unit on the estate. … Continued

A County Durham property development and wholesale group has expanded into new premises following a period of growth. Kans and Kandy, which operates a health and beauty wholesale business as well as an industrial, commercial and residential property development arm, has relocated to Durham’s Belmont Business Park. The firm acquired the former Godfrey Syrett warehouse … Continued

Newcastle-based HTA Real Estate has completed the sale of the former AEI Cables facility in Birtley in a deal that will help to secure job opportunities in Gateshead. O’Brien Demolition, which undertakes a range of industrial contracting services including asbestos removal, dismantling, asset management, architectural salvage and land remediation, has purchased the 24.8-acre site on … 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

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

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

Commercial property agents, HTA Real Estate and BNP Paribas have secured a hat-trick of deals at Brough Park Trading Estate, leaving only two units remaining on the estate. The trade park, which is situated on The Fossway in Newcastle, was acquired by Black Rock Industrial Trust in 2014.  Canmoor, who has been appointed as asset … Continued