Never has industrial storage been more critically important, or in such high demand.
The current unprecedented demand for warehouses (‘big sheds’) is being driven by the rapid growth of on-line retail and onshoring together with expansion for manufacturing and automation. Warehousing is a critical part of our economy’s infrastructure. Our changing consumer habits demand a rapid response from the industry. Consumer habits are contributing to the evolution of last mile facilities, which will bring challenges and opportunities to our city centres and the prospect of re-purposing our high streets.
With demand outstripping supply, the biggest delaying factors on the provision of new warehouse space is the supply of land with planning permission, as well as availability of sufficient power supply and rising construction costs. Developers and investors are driving sustainability standards and focused on workplace well-being, and the innovations needed to achieve this.
Our Industrial Sheds & Logistics team are able to provide a full service throughout the commercial storage development journey from site acquisition right through to letting, funding and investment disposal. We are well versed at handling a broad cross section of work, from the routine to the most complex transactions. Our nationwide team has hubs in the heart of the East Midlands – the dominant region for take up of logistics and storage space over the last years, and South Wales, a particular hot-spot for ‘Build to Suit’ occupiers.
We act for a wide range of developers, investors, contractors and occupiers in the private and public sector and are uniquely placed to bring a 360 degree view to a transaction. We understand the need to work to tight timescales and are adept at identifying pragmatic and cost-effective solutions to safeguard our clients’ interests. Our sector knowledge and commerciality is recognised as a real strength and an asset to our clients.
As the UK industrial and logistics sector continues to grow at pace, we are well placed to help developers, investors and occupiers make the most of the challenges and opportunities ahead.