Scottish Widows has let a 200,000 sq ft warehouse in Bury to Sambro International.
The toy distributor has signed to a ten year lease with Scottish Widows for an undisclosed sum.
The Dumers Point warehouse was previously occupied by cards and gifts retailer Birthdays.
Mike Rooney, partner at WHR Property Consultancy, which acted on behalf of Sambro International, said: "Over the last 12 months, we have been involved in some of the most significant industrial transactions to have completed in the North West including 180,000 sq ft letting to Royal Mail, 200,000 sq ft acquisition at Salmonfields, Oldham and a 350,000 sq ft disposal at Manor Park, Runcorn. Our intimate knowledge of the market means we have a number of new active requirements and have just been instructed to acquire a new 90,000 sq ft facility on behalf of an east Manchester manfacturer.
"Large enquiries are definitely coming back to the market and whilst there are currently good opportunities for potential occupiers out there, there is a finite number of buildings available at these competitive terms so tenants need to act quickly or else be forced to go down the Design and Build route, which will ultimately result in a quantum leap in rental levels."
Jones Lang LaSalle and King Sturge represented Scottish Widows.