HM Customs & Excise has instructed Bernard Thorpe to advise on a full range of professional estate management services in respect of properties at Heathrow, Gatwick, Stansted, Dover and Southend.
Following Amec’s letting of 25,000 sq ft to the DSS at The Anchorage, Salford Quays, Manchester, the 240,000-sq ft development is 45% occupied. Lambert Smith Hampton, joint letting agent with Grimley J R Eve, says: “This is the largest letting in the Quays this year; hopefully other Government requirements can be met here in the near future.”
An East Midlands Regional Development Organisation will become operational from April next year. The announcement comes within months of the launch of East Midlands Enterprise.
Some 20 local authorities are holding an exhibition at Barking’s Broadway Theatre on October 8-9 to highlight development opportunities in the East Thames Corridor. Details from Jill McGregor (081-592 4500, ex 3075).
Adminstrative receivers to Grovewood (LE) have put a £77.5m price tag on the Langham Estate, between Euston Road and Oxford Street, in the heart of London’s West End. The estate, which currently produces £7.17m, comprises 142 properties on 11 acres. Debenham Tewson & Chinnocks is selling agent on behalf of Price Waterhouse receivers Alan Barrett and Tony Lomas.
Cadbury has been given the go-ahead to build a 400,000-sq ft warehouse on a 20-acre site at Midpoint Park, Birmingham. Work begins on the £20m project during the next few weeks for completion in August 1993.
American Real Estate Group has sold a mixed-use development on the corner of California Street and Van Ness Avenue, San Francisco, for $11.8m to an undisclosed Asian investor. The property consists of 85,000 sq ft of offices, 47 residential units and 200 car spaces. Knowlton Realty acted for the vendor.
