Distribution buildings around Bristol in big demand according to Jones Lang LaSalle

The research shows take-up of industrial and distribution floorspace increased by 2% across the region – much of it driven by growing demand for large distribution buildings – so-called big sheds – around Bristol.

Jones Lang LaSalle, which has offices in Bristol and Bath, said the increase was in contrast to national figures revealing total take-up of industrial and logistics floorspace continued to fall last year due to weak economic conditions and a shortage of good quality available stock. Take-up of units of 100,000 sq ft and over in the region came to 2.7m sq ft last year – more than double that of 2011.

Retailers dominated with Asda starting work on its 616,000 sq ft depot on the 40 acre former Rhodia chemical works site at Severnside (pictured), and Yankee Candle, taking 170,000 sq ft at Avonmouth.

The figures show that a total of 6.1m sq ft of industrial and logistics floorspace was taken up in the South West in 2012.

Source: Bristol Business News