Visiting Us

Leeds

9 Bond Court
Leeds  
LS1 2JZ
United Kingdom
T: +44 113 246 1533
F: +44 113 244 6654
leeds@knightfrank.com
Opening Hours
Mon 9am to 5.30pm
Tue 9am to 5.30pm
Wed 9am to 5.30pm
Thu 9am to 5.30pm
Fri 9am to 5.30pm
Sat closed
Sun closed

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H2 Industrial Market Overview – West Yorkshire 

The Yorkshire industrial market is showing no signs of slowing. 2015 has seen the take up of the last remaining speculative units constructed in pre-recession era. Led by the e-fulfilment, parcel distribution and manufacturing sectors, occupier demand is continuing to improve in the region and we have recorded rental growth for the first time since the last cycle which is fuelling speculative development.

Due to a supply & demand imbalance in the region, deals in H2 2015 are consisting of reduced incentives and higher rental packages. As such a re-education of market expectations is necessary for occupiers searching for new premises, once this occurs take up statistics could potentially reach record levels in 2016 with the help of oven-ready pipeline development sites such as our flagship Knight Frank instruction at Logic Leeds, 110 acre site at J45 M1 (http://logicleeds.co.uk/).

Mid-sized warehouse market is particularity buoyant due to banks pro-actively funding growing Yorkshire businesses. We see 2015/ 2016 as the year of ‘Design and Build’ in Yorkshire, we have already seen deals for new sheds agreed with Travis Perkins, Wakefield District Housing, Speedy Hire and John Lewis together with a proposed 688,000 sq. ft super-shed at Cross Point, Ferrybridge for the expansion and relocation of TK Maxx.

Our services

  • Industrial Sales
  • Industrial Lettings
  • Industrial Acquisitions
  • Industrial Investment
  • Brownfield to Residential Opportunities 

For more information on the industrial market in West Yorkshire or to request a free market appraisal, please contact us. 

Q4 2015 Showcase Property

Wakefield Eurohub

To Let - Fully Refurbished Distribution Warehouse Facility

 

 RANKED 1ST PLACE WITHIN THE DISTRIBUTION PARKS DIRECTORY 2015 – 26% MARKET SHARE // EGI MOST ACTIVE INDUSTRIAL AGENT ACROSS THE YORKSHIRE REGION 2014 - The team completed more deals than any other practice throughout the region

 

The Knight Frank Industrial Team was involved In the disposal of 65% of all industrial space over 100,000 Sq Ft transacted in Yorkshire in 2014

Ranked 1st place within the distribution parks directory 2015 – 26% market share

EGI most active Industrial agent across the Yorkshire region 2014 - The team completed more deals than any other practice throughout the region