Big sheds booming, but smaller units suffering stock shortage
Almost half of all big shed industrial-sector real estate activity in the first half of 2017 was centred in the Midlands – with the area’s automotive industry being the main contributor, according to a report by GVA.
More than 5m sq ft of space was taken across the wider region by big shed deals, which is property over 100,000 sq ft. Key deals in the first half of the year included 645,000 sq ft to XPO Logistics in Tamworth and 550,000 sq ft to Jaguar Land Rover at the Tyre Fort in Birmingham.
At the same time, Harris Lamb i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
