US medical firm moves to Runcorn

Cantt Pak has let a 132,000 sq ft industrial unit at Manor Park in Runcorn to US-based medical supplies manufacturer Medline.

Medline has entered into a 17-year lease at a headline rental of £5.25/sq ft.

Howard George, senior director of industrial agency at CB Richard Ellis North West, advising Cantt Pak, said: "This is superb news in what has been a particularly difficult period for take up in the North West. This facility is built to the highest specification and Medline were keen to acquire a striking building which matched their image as a progressive company expanding into the European market."

George said there is a lack of quality distruibution space in the region following a series of large lettings in the past 12 months: 610,000 sq ft at the Vault in Speke to B&M, Tesco taking 600,000 sq ft at 3MG in Widnes, AMS taking 130,000 sq ft at Winsford, and Eddie Stobart letting 360,000 sq ft at Manor Park.

Davies Harrison was joint agent with CBRE

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