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Our View

Take up in the Eastern M25 industrial market has reached 3.8m sq ft in the first three quarters of the year driven by a strong level of activity in the Big Box sector, with five deals completing in the year to date accounting for 950,000 sq ft (25% of total take up).  The main focus of activity has been focused in the Essex market, which accounted for four of the lettings with the largest deal being the 410,000 sq ft letting to international logistics group Zeigler at London Gateway, Stanford le Hope.  The only Big Box deal to complete outside of Essex has been the Hawk London letting at Here East Stratford, where the film equipment supplies group took 103,300 sq ft.   The Mid Box sector (50,000-99,999 sq ft) has also remained relatively buoyant, with 11 deals completing accounting for just under 700,000 sq ft, 18% of the years total. 

Industrial Market Take up
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John Bell

John Bell

Equity & Managing Partner, Head of Commercial Agency
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