Runcorn Cube

Oceanic buys in Runcorn

Advised by industrial specialist LM6, Oceanic Estates has purchased the former Baldwin Filters regional distribution facility at Preston Brook in Runcorn for a price understood to be around £8.4m.

Birchen House Exterior

COMMENT | First come, first served in developer insolvency

Northern cities have enjoyed such a sustained period of growth that it is hard to imagine the boom coming to an end. However, despite the prevailing optimism, there have been casualties among developers and investors, writes Alastair Lomax of TLT and Steve Williams of FRP Advisory.

Grosvenor Manor New Care

New Care agrees £60m deal with Octopus

New Care, part of the McGoff Group, has sold three assets in the region as part of a £60m disposal to Octopus Healthcare, with Knight Frank advising.

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St Modwen ties up 200,000 sq ft Knowsley letting

Developer St Modwen has let 200,000 sq ft to Burhill DCR Logistics at Moorgate Point Industrial Estate in Knowsley, having completed a £2.3m refurbishment programme at the park.

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Ungerer takes Wirral space from Chancerygate

Acting for the developer, agent Legat Owen has secured a ten-year letting to Ungerer, a manufacturer of fragrances and oils, for a 15,300 sq ft unit at Wirral International Business Park. 

Joanne Mcgrath

McGrath moves into private sector

Joanne McGrath has joined Merseyside planning consultancy Satplan as an associate, having previously spent 14 years with Warrington Borough Council.

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Sourced hires training director

Widnes-based property investment platform Sourced has appointed Chris Kirkwood as its director of training and development.

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REIT picks up Stobart Widnes site

LXi REIT has acquired the freehold interest in Stobart’s industrial and office headquarters complex in Widnes for £25.5m in a sale and leaseback deal, reflecting a net initial yield of 5.5%.