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LONDON-Gazeley Properties, Wal-Mart's European property company, has joined forces with Standard Life to build the largest speculative distribution warehouse in South East England. The 488,000-sf unit, called Ultrabox, is to be developed at Purfleet in Essex with completion scheduled for later this year.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
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Avison Young reports 42 cancellations covering nearly 340,000 square feet.