PRD Transport & Warehouse Services has acquired a Darlington-based industrial unit, from subsea equipment supplier Subsea Innovation, to pave the way for its future expansion. Purchasing Unit 3 Roundhouse Road, based at Faverdale Business Park, will allow family-run PRD, which specialises in haulage and transport solutions, to build on its 25 year heritage by owning […]
This has come within a £95m portfolio sale of UK science parks. US investment manager Angelo Gordon and Trinity Investment Management have bought Mars Pension Fund’s Business Environments for Science and Technology (BEST) – five science parks in all, the others being at Edinburgh, Manchester, Kent and Havant. Their 348 acres in total comprise the […]
Morton Park Way Business Park, Darlington, has welcomed two new tenants following sustained investment. BDA NightExpress, and Strictly Green Hydroponics are all taking space on the site. Bespoke Distribution Aviation (BDA) is new to the North East and provides commercial delivery services by road and air. Strictly Green Hydroponics have relocated from the nearby Evans […]
BUSINESS park bosses say demand is increasing at a growing site. Officials at Lingfield Point, in Darlington, say they are dealing with rising inquiries after strengthening relationships with various companies. Those firms include the Dickinson Media marketing agency, Advent Advocacy, and Para-Sols, which supports financial advisers and planners and previously doubled its base to 1,000sq […]
CONNECT Property North-East has been instructed on behalf of the freehold owner in the re-letting of 41 Coniscliffe Road, an attractive well-proportioned Georgian property which has been the home of Niven Architecture in the heart of Darlington’s West End for the best part of a decade. From June this year the property will be available […]
A craft business which has grown from humble beginnings in a university bedroom is now opening its first retail outlet in a £500,000 investment. Crafter’s Companion was launched by Sara Davies in 2005, while she was in the second year of her management degree at York University, roping in housemates to take calls and book […]
Acting on behalf of Calverts Carpets Connect Property North East have secured the letting of a 14,500 sq ft warehouse in Pickering, North Yorkshire to the precision engineering and moulding giant Rosti. The company who are one of North Yorkshires largest employees have taken a lease on the warehouse to complement their 150,000 sq ft […]
Retail premises created as part of the regeneration of Bedale, North Yorkshire, have been placed on the market after successfully bringing in tenants and seeing their businesses to grow. The units, on the site of the Bridge Street redevelopment, are up for sale, fully completed and let to existing tenants, a fast-growing retailer, Bedale Flooring, […]
Property consultant Connect Property North East (CPNE) has celebrated its first year of trading by scooping a prestigious industry award for the most active industrial agent across the region. The award, presented by national industry publication Estates Gazette, recognises the practice achieving the largest number of transactions across the region in a 12 month period. […]
MANAGERS of an industrial estate say a £1m refurbishment programme has reaped immediate benefits. MSeven Real Estate, acting on behalf of owners M&G investments, has revealed three expansions on Newton Aycliffe Business Park, in County Durham, which it says will bring jobs to the area. MSeven manages commercial property across 700,000sq ft of land, which makes up […]
