With little appetite for any further speculative development in the short/medium term the take up of existing warehouse stock points to demand outstripping an ever decreasing supply side.

In the last six months Budworth Hardcastle, Chartered Surveyors with offices in Kettering, Northampton, Peterborough and Milton Keynes have been responsible for the letting of 750,000 sq.ft of industrial/warehouse space in three separate transactions. The most notable being the leasing of a 402,000 sq.ft. warehousing facility to Oxford University Press of Corby. The unit is located on the ProLogis Kettering development. The firm negotiated the terms on behalf the developer.