Take up in the North London & Herts industrial market recorded its highest level of activity since 2021, with 1.4m sq ft of lettings in 2025, 68% above the previous year’s figure. There were no Big Box deals during the year but the Mid Box saw three deals complete, totalling 230,225 sq ft, with the most significant deal being the 71,750 sq ft letting to Sybron at Icon Harlow.

Activity slowed in Q1 2026, with a total of 216,190 sq ft of take up, with the largest transaction being the 51,900 sq ft letting of Shed 2 at Murphy’s Yard in Camden NW3 to photographic and film lighting solutions group ProLighting London.