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real estate


The Pittsburgh Urban Redevelopment Authority is set to create two new social impact pilot programs aimed at encouraging minority entrepreneurship and business expansion. URA Ventures and the Minority and Women-Owned Business Development Equity Fund programs will provide venture capital to minority and women-owned businesses. The redevelopment authority hopes to raise $5 million in capital to …

Plans to build commercial units in Ebbw Vale that could boost the economy have been given the green light by councillors. The scheme, proposed by CRT Real Estate Investments, would create 4,065 square meters of space on land at the south end of Lime Avenue. The application was discussed by councilors at a meeting of …

Do you have a home equity loan or home equity line of credit (HELOC)? Homeowners often tap into their home’s equity for quick cash, using their property as collateral. But before that, you need to understand how this debt will be handled come tax season. With the Tax Cuts and Jobs Act of 2018, the …

PLANS to build commercial units in Ebbw Vale which could boost the economy have been recommended for approval by council planners. The scheme, proposed by CRT Real Estate Investments, would create 4,065 square meters of space on land at the south end of Lime Avenue. The application will be presented to councilors at a meeting …

The University of Toronto is gearing up for its sixth annual Entrepreneurship Week, a four-day showcase of the University of Toronto’s diverse and expansive startup and entrepreneurial ecosystem. Taking place March 7-10, U of T Entrepreneurship Week features more than 15 events – startup showcases, pitch competitions, keynote speakers, workshops, roundtables and more – organized …

A US property company has launched a business park in East Yorkshire in a £15.5million deal. Ardent has purchased Tokenspire Business Park, located between Beverley and Woodmansey. The company has also expressed a desire to pursue planning permission for eight new units – a move that will represent the company’s first foray into UK development. …

Read to compare the attractive features of the ME Bank home loan and how the lender stacks up against others. ME Bank, originally short for Members Equity Bank, is an Australian bank wholly owned by Bank of Queensland. It was once owned by a consortium of pension funds, but was acquired by challenger bank BoQ …

The outline of the planning has been secured for a new business park which, according to the agent, could create more than a thousand new jobs and bring significant foreign investment to southern Leicestershire. Airfield Farm Developments wants to build Wellington Business Park on a former World War II airbase near Market Harborough. He wants …

Working for ourselves for a sustainable life is great, and we all do it, but working for humanity is a much bigger task, and that’s what Ryan Long has been doing all his life! He was the man who worked for unity, prosperity and the eradication of poverty. It doesn’t matter where you live, what …

Boris Johnson’s £1.7billion business park in east London’s Royal Docks was one of his town hall’s flagship projects. The Royal Albert Dock mega-project, backed by Chinese developer ABP (London) and announced in 2013, promised to transform a 14 ha strip of wasteland near London City Airport. But today it is on the verge of collapse …

Anwyl is developing housing on a nearby site. Credit: via Truth Creative February 7, 2022, 11:45 am Dan Whelan The Chorley-based developer has started building the 113,000 square foot Northwich complex, which includes units ranging from 1,000 square feet to 55,000 square feet. Winnington Business Park is made up of eight blocks on 7.5 acres …

Elsberry, MO- On Wednesday, January 19, the Elsberry Community Growth Association held its general membership meeting at the Elsberry First Baptist Church. The meeting began with a special thank you to the ECGA 2022 partners, which include: Mercy, People’s Bank and Trust, Meyer Title Company, First Mid Bank and Trust, Megan and Wade Miller Real …

Ibrox Business Park has changed hands in Glasgow’s largest industrial real estate deal of 2021. Buccleuch Property Group has sold the prime multi-tenant industrial estate to last mile logistics property company Mileway. The estate is located west of Glasgow city centre, just off junction 24 of the M8, and comprises 78,674 square feet of space …

A modern 90,847 sq ft purpose-built industrial estate in Caldicot has been sold to Industrials REIT, a UK-listed real estate investment trust on the London Stock Exchange, completing one of the largest commercial real estate transactions in Wales over the past six months. Beacon Business Park was developed around 15 years ago by a local …

Dozens of new jobs are to be created as the next phase of a business park progresses. Seven new high-quality warehouses, trading posts and industrial units are due to be built soon at Broadhelm Business Park in Pocklington. Manor Court is the latest phase of the 22-acre development, and the seven new units range from …

Leading commercial property developer Network Space has sold Element at Alchemy Business Park, Knowsley, to CBRE Investment Management. Completed in 2019, Element is the second phase of Alchemy Business Park development, located off the A580 East Lancashire Road and just 800m from Junction 4 of the M57. It comprises three modern detached industrial units with …

A business park in central Bristol has been bought by a commercial property investment firm for £ 30million. Orchard Street Investment Management acquired City Business Park from LaSalle Investment Management on behalf of St James’s Place Property Unit Trust. The six-acre freehold estate, just off the A420, near the junction with the A4320 St Philips …

Date published: 08 January 2022 An aerial view of Kingsway Business Park 2021 has been an incredibly successful year for Kingsway Business Park and 2022 promises to be even better. That’s the message from Henry Henson, director of business development at Wilson Bowden Developments, after a string of prominent occupants and building permits have been …

X Sign up for free to receive the latest news straight to your inbox Register Network Space, a Newton-le-Willows-based commercial real estate developer, sold Element to Alchemy Business Park, Knowsley, to CBRE Investment Management, for an undisclosed amount. Completed in 2019, Element is the second phase of development of Alchemy’s Business Park, located off the …

UK Commercial Property REIT Limited UKCM acquires an industrial / business park focused on life sciences and technology for c. £ 94million · The purchase brings the company’s total committed investment for the year to almost £ 233million, of which 80% was made in the past three months. · The acquisition is part of the …

The sprawling Cleveland Bridge site was taken over by a developer with big plans for the site. Adhan Group says it “hopes” to generate the same number of jobs that were lost when the iconic engineering company went bankrupt in July. An ambitious business park project will see the sprawling Yarm Road factory split into …

BLACKBURN billionaire Issa Brothers has taken an important step towards achieving business development in East Lancashire. In October, their real estate subsidiary Monte Blackburn Ltd bought Titanium Park near junction 9 of the M65 for millions of pounds. Now they have submitted a detailed planning application to build three industrial / warehouse units on the …

Ripon Farm Services has received planning permission for a high-quality 22,000 square foot building in the multi-million pound business park, which is located just off the A64 at the junction of Pickering Road (A169 ) near Eden Camp. Richard Simpson, Commercial Director of Ripon Farm Services, said: “This is an extremely important decision for us …

John Edwards of 2Excel Logistics and Nick Bryson of LCP at the new Burntwood Business Park base 2Excel Logistics, headquartered in Letchworth Garden City, Hertfordshire, will open its seventh UK base after signing a 10-year lease for Unit 2, Zone 4, a 21,196 square foot unit. This means that the 68 industrial units in zones …

Life Science REIT, listed on the LSE, has purchased three buildings for £ 38.7 million (€ 45 million). The new UK real estate investment trust focused on the life sciences real estate market said it had acquired the Cambourne business park near Cambridge through the purchase of Scholar Property Investments. The three buildings, which total …

The pandemic has seen an increase in entrepreneurship, especially in the black community, with many using this time to manifest their dreams. The real estate industry is one sector that has seen growth over the past year. Chicago native Todd Stephenson decided now is the time to take a leap of faith and pursue real …

A growing Sunderland industrial park is slated for expansion with the creation of four new warehouses. The project will be built at Turbine Business Park, a 43-acre business park that already houses the 422,000 square foot warehouse of the automotive company Vantec. A total of 168,000 square feet of space will be created on an …

Three units totaling over 80,000 square feet were sold as investments in the Waterfront Business Park in Brierley Hill. Units 2, 4 and 5, all of which are fully leased, were acquired by investors and are 11,906 square feet, 14,150 square feet and 56,782 square feet, respectively. Unit 2, which is occupied by Royal Mail …

X Sign up for free to receive the latest news straight to your inbox Register Three units totaling over 80,000 square feet were sold as investments on the Waterfront Business Park in Brierley Hill, demonstrating the “attractiveness and potential” of the development. Units two, four and five, all fully leased, were acquired by investors. Covering …

PERTH, DECEMBER 1, 2021 – Real estate developer and builder, First One Developments is the benchmark for sustainable industrial business parks in Western Australia. Their latest project, Global Business Park, aims to be the first industrial strata complex in Washington State to achieve a 5-star Green Star rating. JLL Brett Mathanda, Director, JLL Logistics and …

A commercial estate which is home to small businesses in Warwickshire has a new owner. Hillmorton Craft Studios was acquired by Warwick-based Prova Investments from Warwickshire-based real estate investment company The Wigley Group. The Rugby site has 11 accommodation units which are all fully rented. Terms of the contract are not disclosed. The Wigley Group …

The construction of a new business park in the northeast is underway, as part of a joint venture between commercial real estate developers GSS Developments and ANM Group. The two companies have unveiled plans for the Thainstone business park near Inverurie. Located 15 miles northwest of downtown Aberdeen, the 65-acre site includes six existing industrial …

The desire to build office towers in the suburbs, especially on rapid transit lines, may have been spurred by work-from-home orders induced by the pandemic. Richmond is in the Lower Mainland of British Columbia, but there hasn’t been a lot of commercial office construction in years. However, with One Park, that seems to be changing …

Posted: 7:30 am November 17, 2021 A new business park offering upscale new retail space has opened in Aylsham. Aylsham Business Park is located in a prominent position to the east of the town, off the A140 Cromer road. The smart landscaped development consists of flexible commercial units ranging in size from 988 square feet …

A term commitment agreement to develop a four-unit 168,000 square foot industrial and warehouse project at the Turbine Business Park in Sunderland has been concluded. Copley Point Capital, along with its investors, has acquired all four plots of land and will make a compensation payment to Leeds-based Wilton Developments upon practical completion in September 2022. …

The completion of a 168,000 m² warehouse program in the fall of 2022 will meet the strong demand from occupants in the North East. Leeds, November 2021 – Wilton Developments has entered into a term commitment agreement with Copley Point Capital to develop a four-unit, 168,000 square foot industrial and warehouse project at the Turbine …

Beeham Business Park Beecham Business Park in Aldridge, had three units vacant at the start of the summer, but all have now been leased to local businesses. A 10-year lease was agreed to with Triple D Express on the last 2,836 square foot unit. It marks the completion of the last industrial unit available on …

Work is expected to begin on the next phase of a business park in Lincoln. The third phase of the Discovery Park development on Whisby Road will include the construction of four units for companies such as Howdens, Screwfix and Brewers. The work follows the completion of phases one and two, which involved the creation …

ABOITIZ Equity Ventures, Inc. (AEV) is optimistic about the growth of its business units, including its land, infrastructure and food businesses. AEV expects its real estate business, AboitizLand, Inc., to exceed its year-end target by 10%, closing at 4.2 billion pesos. The listed company considers this to be AboitizLand’s “strongest performance in history”, due to …

The big real estate developer PILLARZ DEVELOPMENTS arrives in the OOH landscape of Cairo with an outdoor marketing campaign, promoting its TIFFANY BUSINESS PARK project with attractive payment facilities. A 0% down payment and installments lasting up to 8 years are both displayed on the notice boards, appealing to potential buyers. Tiffany Business Park in …

A BUSINESS park near Droitwich will double in size. Potter Space is expanding its site in the city to over 470,000 square feet over the next five years. Covering 38 hectares, the business park currently has approximately 286,000 square feet of industrial units and warehouses. The developer plans to begin work on the first phase …

Photo Illustration by Jeff Bezos with a render of the Space Station (Getty, Orbital Reef) Jeff Bezos’ latest venture, a “mixed-use business park,” won’t appear on LoopNet’s listings anytime soon. Bezos’ Blue Origin said this week that it plans to build what will arguably be arguably the most exclusive commercial space in the solar system …

X Sign up for free to receive the latest news straight to your inbox Register now Lincoln real estate developer Stirlin has started construction on a new business park in Gainsborough. Following West Lindsey District Council planning approval, work is underway on the first phase of the 1.3 acre development: Willoughton Place. Providing 25,000 square …

Plans for the new business park in northern Powys will come to fruition shortly, with work starting on site from next week, Powys County Council confirmed. Powys’ local company SWG Construction has been appointed to develop units for the new Abermule Business Park, which is expected to begin construction from 25 October 2021. When completed, …

Construction on nine units is scheduled to begin next week at a new business park in North Powys, the county council said. Welshpool SWG construction has been appointed to develop the units of the new Abermule business park, with construction scheduled to start from 25 October 2021. The plans for the park were approved in …

The Company reaffirmed that it expects approximately $ 50.5 million of the net proceeds from the sale to be considered a Section 1031 exchange for its recently acquired Port America industrial park in Dallas, Texas. If the Company is unable to find appropriate Section 1031 exchange opportunities for the remainder of the net proceeds from …

GLENDALE, Calif .– (BUSINESS WIRE) – October 19, 2021– PS Business Parks, Inc. (NYSE: PSB) (the “Company”) today announced the closing of the previously announced sale of its Lusk Business Park, located in the Sorrento Mesa submarket of San Diego, in California, to a subsidiary of Longfellow Real Estate Partners (the “Buyer”) for a gross …

Knight Property Group has secured The Hill Deli for a unit at Kingshill Commercial Park in Westhill. The business was started by former oil industry worker Louise Morgan, who entered into a five-year lease on the new 900-square-foot retail unit. She said, “The location and specifications of the unit on Venture Drive are ideal for …

GLENDALE, Calif .– (BUSINESS WIRE) – October 6, 2021– PS Business Parks, Inc. (NYSE: PSB; the “Company”) has entered into a purchase and sale agreement (the “Agreement”) by and between the Company and an affiliate of Longfellow Real Estate Partners (the “ Buyer “). The agreement provides that, on the terms and subject to the …

Plans for a small business park in rural Preston have received negative feedback from local residents due to already busy roads and a loss of green space. JK Beardsworth Ltd is seeking to build the park, consisting of 33 units, on leafy grounds off Whittingham Lane in Broughton. But the inhabitants of the village are …

A new Costa Coffee has opened at Southend Airport Business Park and is already in full swing. Real estate developer HBD welcomed its latest arrival, Costa’s new drive-through store, to the airport business park off Cherry Orchard Way. The park is a joint venture with Southend Council designed to attract investment and create hundreds of …

Landlink Estates has completed the £ 18.6million forward sale of the first phase of Saltbox Business Park to Knight Frank Investors. The site is an industrial, commercial, logistics and warehouse development in Bognor Regis, located on 17 acres of land. The first phase consisted of three plots, with the owner obtaining planning consent for a …

The Entrepreneurship Week held at the IDEA Bank of the University of Troy was a week full of learning opportunities and the chance to gain individual knowledge on how to create, develop and maintain a company in a series of sessions led by local business owners, many also former TROY graduates. Lynne Firmin George, director …

Atlantic Business Park South Wales is experiencing a boom in building new industrial business units for small businesses, according to real estate consultancy Knight Frank. Atlantic Business Park in Hayes Lane, Barry, was cited as an example. The development of 42 1,453 square foot portal frame commercial / business units is being created for sale …

South Wales is experiencing a boom in building new industrial business units for its thriving small businesses, according to global real estate consultancy Knight Frank. Tom Griffiths of the Industrial & Logistics division of Knight Frank in Cardiff said: “New projects in the region are filling up quickly, with developers looking to build new developments …

Construction Manager John Royle and Jenna Strover, Commercial Delivery Manager at Potter Space, with (middle) Matthew Robinson from customer Unit 24 Recycled Asphalt Products (RAP). PHOTO: Adrian Ray Photography Ltd. Construction of Unit 53 responds to increased demand for industrial units of this size and was brought forward following the early pre-lease of Unit 24, …

X Sign up for free to receive the latest news straight to your inbox Register now Potter Space, which owns and operates five business parks across the UK, has started work on a 17,445 square foot speculative industrial unit at its Ripon site. Construction of Unit 53 responds to increased demand for industrial units of …

News from Bayley Early commitment is being shown for an off-plan business park in Trentham as demand for quality commercial and industrial space increases due to a regional shortage and higher residential housing density for many parts of the country. Upper Hutt. Seasoned real estate developer Malcolm Gillies of The Gillies Group, who has long …

Work is underway on a new development of industrial units and warehouses in York. The Monks Cross MX park will consist of 11 units, ranging from 1,925 square feet to 3,550 square feet. It is developed by Tonsley Investments, based in Guildford. When the park is completed in the spring of next year, it is …

X Sign up for free to receive the latest news straight to your inbox Register now Work has now started on a 30,000 square foot industrial and warehouse park in Monks Cross, York. MX Park consists of 11 industrial units, ranging in size from 1,925 square feet to 3,550 square feet, which are available for …

The developers are ready to innovate north of Fort Worth on a huge business park. The Northlake 35 Logistics Park is planned on Interstate 35W in Northlake and will include more than 2.6 million square feet of distribution and warehouse space. The $ 175 million six-building industrial project is a partnership between Texas Commercial Development …

Mike Welsh, Principal of East Riding College, has joined the Jobs and Skills Council of the East Yorkshire Local Enterprise Partnership. Sarah Bone, Principal of Headlands School, and Mike Welsh of East Riding College / TEC Partnership, join the organization following a successful recruitment drive. LEP said it was overwhelmed by both the number and …

A Staffordshire business park is now fully leased for the first time after a metal supplier signed an agreement on larger premises. Walsall-based Offshore Stainless Supplies Ltd, which supplies stainless steel and nickel alloys to customers around the world, has entered into a five-year lease with LCP for new premises at Burntwood Business Park Zone …

X Sign up for free to receive the latest news straight to your inbox Register now A national charity that supports people with intellectual disabilities will continue to tackle the uncertainty caused by the pandemic by extending its stay at a Warwickshire business park. The Royal Mencap Society, which provides 24-hour care and promotes equality …

Three new tenants have moved into Colwick Business Park following a triple deal from commercial real estate specialist NG Chartered Surveyors. Ruby Core, All Bar None and Neon Studs have all joined the business park after a major renovation program led by owner Radford Holdings. After a failed deal to build new office space on …

Monday July 12, 2021, 8:35 a.m.Press Release: Bayley The planning process is well advanced for more than 100 new mixed-use business units in Richmond, just south of Nelson, in an area experiencing significant residential development and incremental business growth. The development of the business unit, The Cube on Queen, is to be built at 431 …

NEW business units on the outskirts of Chester have been fully leased. Over the past few months, Cheshire West and Chester Council have dealt with numerous requests from companies wishing to invest in the borough by settling here or moving to larger premises. As a result, units 1 to 21 Europa Court are now fully …

The industrial land in Shawhead has been sold to new owners, who are now hoping to build new business premises. Wemyss Properties purchased the 1.81 hectare site at Hagmill Road, adjacent to the existing Centrum Business Park, in what is the company’s first IP purchase. Read more Related Articles They have now applied for an …

Commercial real estate consultancy Kirkby Diamond says the program is the first of its kind at Leighton Buzzard for over 20 years and responds to pent-up business demand for smaller, higher-quality units. London-based investment firm Pears Property Advisors, owner of Apex Park, is financing the construction of units ranging from 1,400 square feet to 20,800 …

An artist’s view of the planned development at Ty Du Construction on four new business units in Nelson is expected to begin this summer, Caerphilly County City Council said. The new units, which will be built on the Ty Du site, are partly funded by the European Regional Development Fund via the Welsh government, with …

An Aberdeen business park has seen a handful of new occupants after the completion of new unit development. Elevator Systems Company Otis, Electrical Engineers Clearwater Electrical, Podiatry Services Company The Shand Practice, HVAC Heating and Air Conditioning Company and LHR Marine have moved into premises in City South Business Park in Aberdeen . The owner …