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SQ FTSquare Feet
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The diversity of occupiers taking space in Cardiff is highlighted by deals such as the acquisition and occupation of the 85,000 sq ft (7,896 sq m) former Tesco House building in Heath by Cardiff and Vale University Health Board; Admiral Insurance signing for 65,000 sq ft (6,038 sq m) at No 3 Capital Quarter; Geldards solicitors taking 30,000 sq ft (2,787 sq m) at 4 Capital Quarter and Keolis Amey taking 20,000 sq ft (1,858 sq m) at St Patrick's House.
In Pune, the size demanded is up by 5.2 percent at 1,027 sq ft, while Chennai has clocked a similar growth of 5.1 percent at 1,186 sq ft.
Further, these leases include a full pre-lease for the two buildings, DCT Downs Park, 299,000 sq ft of development in Dulles/Route 28 Corridor sub market of Baltimore/Washington DC; and two 291,000 and 143,000 sq ft leases for DCT White River Corporate Center Phase I in the South Kent Valley sub market of Seattle that bring the 649,000 sq ft building to being 100% leased.
There have been two standout deals in the past years in Washington, these being the letting of 149,000 sq ft at Stephenson Industrial Estate and also 100,000 sq ft at Cherry Blossom Way.
Rents start from pounds 4.50 per sq ft. For further details contact Howkins & Harrison at 23 Warwick Row, Coventry, on 024 7652 0053.
ESM Design has signed a three-year tenancy on a 1,350 sq ft suite and shipping company Anjon Freight Services has agreed a five-year lease on 1,100 sq ft of accommodation.
Planning is under way for the rest of the park, which will provide more than 1m sq ft of offices, high technology business space.
Price of one exhibit space: $350 for 10' by 10'; bulk space from $1.60 per sq ft down to $1.10 for more than 2000 sq ft
The 193,000 sq ft facility will produce 1.7 million units per year.
According to new research from Savills, take-up had already hit 567,505 sq ft in the first three-quarters of the year.