The Industrial & Logistics team at the Bristol office of commercial property specialist Colliers International has expanded in response to rising demand for warehouses in the first half of 2016.
The team has been involved in a number of successful deals in recent months, notably representing Lidl in the purchase of 33 acres of land at Avonmouth from Severnside Distribution Land, and negotiating the letting of a 250,000 sq ft distribution warehouse in Portbury to Brakes Bros Limited on a 30 year lease, as well as a number of other smaller deals. Responding to the increased demand in the market for warehousing space, the team has increased to become four-strong.
The latest addition is Ben Cronan, who has joined from the University of the West of England. Tim Davies, head of the Bristol office and head of the Industrial & Logistics team, said: “Demand for industrial/warehouse units have soared in recent months and we are delighted to welcome Ben to the team at such a busy time. We are looking forward to involving him in a range of commercial property work in a real business environment.
“The Bristol office of Colliers International has gained a reputation for giving opportunities to students undertaking property-related degrees at the University of the West of England, and earlier this year former UWE student Danielle Hatton, who joined the staff after initially doing a placement in Industrial & Logistics, was named Student of the Year by the Bristol Property Agents’ Association.”
Tom Watkins of the Industrial & Logistics team added: “It will be great to have an extra pair of hands in the team, who can help with our acquisition work. With the shortage of stock generally across the South West and South Wales, we have to spend more time identifying suitable units for clients, most of which seem to be off market opportunities, and Ben will play a vital role in the search for these properties.”
The growth of the Industrial & Logistics team at the Bristol office of Colliers International follows the recent expansion of the Planning and the Investment Property Management teams in response to record growth during the first quarter of 2016, and prior to that the expansion of the National Offices team.