Large warehouse take up plummets in 2017


 

Take-up of large warehouses in 2017 fell by 36% compared to the year before, according to new research from property agent JLL. The company’s ‘UK Big Box Industrial and Logistics Market’ report found that 15.4 million ft2 of good quality Grade A space was leased or sold during the year in buildings above 100,000 ft2. This was 11% below the average for the last 10 years but in line with the five-year average. Despite last year’s fall, around 7 million […]