DARLINGTON’S Morton Park Way business park has welcomed three new tenants, following a change of ownership. BD Aviation, Bold Bloc Design Ltd and Advantage Signz UK are all taking space on the site, which is set for further investment following its purchase by property firm Rockspring in partnership with Caisson Investment Management for more than […]
The Cosmetics Room is run by Dawn O’Neill, an expert in aesthetics and cosmetic and medical tattoos, who thought the busy business park would be an ideal setting for her new venture. Based in Beehive– which recently underwent a full make-over of its own – the Cosmetics Room is at the heart of Lingfield Point’s […]
Connect Property North East (CPNE) presented to a filled room of Tees Valley professionals at the Clive Owen Breakfast Club on 28 January. Jonathan Simpson and Andrew Wilkinson, Directors gave a snap shot of the commercial market over the last 12 months. The event marks the 1st Anniversary of Connect Property following the launch of […]
Work on Sandgate Park, on Myton Way at The Rings, could start as early as the spring if planners give the go-ahead More details about for a long-awaited mini mall in Ingleby Barwick have emerged – including a restaurant or brasserie. The Sandgate Park development has had interest from convenience store operators and estate agents to […]
North East snack firm JLM Global Foods has taken up residence at growing logistics base Lingfield Point, based in Darlington. Securing 23,000 sq ft of warehousing, the firm has taken the space to house its supply of popped snacks which it exports to international supermarket groups. Paul Huggins, Chief Executive, said: “We are an expanding […]
London – M7 Real Estate, the pan-European investor and asset manager, announces that it has acquired four industrial assets for a consideration of £7.1 million on behalf of M7 REIP III (“REIP III”), a separate account which is focused on smaller UK regional commercial real estate assets. The purchase price reflects a Net Initial Yield […]
Darlington’s Morton Park Way Business Park is set for further investment after being acquired for a figure in excess of £4m by property fund Rockspring in partnership with industrial asset specialist Caisson Investment Management. The purchase comes as the partnership continues to build towards a £100m industrial portfolio across the UK. The site has been […]
Connect Property North East (CPNE) have completed a trio of investment acquisitions on behalf of private clients. The purchase of a parade of industrial units on the Gallowfields Industrial Estate Richmond started the buying spree. The multi let units at Racecourse Court were acquired from Richmondshire District Council with units leased to Gilpin Arts, Calibre […]
Mandale Park phase 2 to trigger potential major job creation in Durham Construction is now underway on a new industrial and warehouse development located on the site of the former LG Phillips site at Belmont in County Durham, signalling an upturn in the fortunes of the North East Industrial market according to Chartered Surveyor Connect Property […]
The opening of the new £82m Hitachi Rail Facility earlier this month has coincided with the estates biggest letting of 2015, heralding a shortage of industrial and warehouse space on the 700 plus acre estate, according to Teesside commercial property agent Connect property North East (CPNE) who formed earlier this year to provide investment and […]
