An industrial complex in Stoke-on-Trent is set for a new lease of life following its acquisition by London-based investor Vengrove. The former headquarters of the Dudson pottery firm in Tunstall will be converted into high-quality units to address the shortage of industrial workspace in the area. Industrial property agents B8 Real Estate advised Vengrove on […]
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Stenprop has continued its path towards building a 100% multi-let industrial portfolio with the acquisition of the Bradley Hall Trading Estate in Wigan. The investor has paid over the asking price to acquire the trading estate from Himor, which was launched for sale by CBRE in March with a price tag of £18.9m. The 287,000 […]
B8 Real Estate, the North West’s industrial and distribution property experts, have expanded their award-winning capital markets team with the appointment of Joe Sinclair as an Investment Surveyor. Joe joins from North West property company Bruntwood, where he spent three years on the transactional team within their portfolio. An RICS-qualified Chartered Surveyor, he previously gained […]
B8 Real Estate, acting on behalf of Marshall CDP have completed the investment sale of Eclipse, on Northbank Industrial Estate, Irlam to London Metric PLC culminating the end of a 24-month success story for the site. Eclipse which has been developed by Marshall CDP comprises a 136,000 sq ft distribution warehouse built to a high […]
B8 Real Estate, acting jointly with Fiducia Property Asset Management, have completed the sale of a 184,177 sq ft parcel delivery investment situated in a prominent urban location adjacent to Junction 9 of the M62 in Warrington. The property was sold on behalf of clients of CCLA to Arrow Capital Partners. Arrow Capital Partners has […]
Acting on behalf of Fabrix, joint agents B8 Real Estate and Fletcher Bond have completed the sale of the Edison Point distribution warehouse in Runcorn to Cabot Properties for £6,830,000. The sale of the property crystalises the business plan for Fabrix following the initial opportunistic purchase. The property comprises a comprehensively refurbished 108,000 sq ft […]
InfraRed Capital Partners Ltd, on behalf of the InfraRed Urban Logistics Income Fund (“IULIF”), has acquired 162,000 sq ft of high-quality multi-let industrial space at Mere Grange, St Helens, from Network Space for £17,600,000 reflecting a net initial yield of 5.50%. The investment follows InfraRed’s initial £93 million acquisition of a 1 million sq ft […]
KFIM, on behalf of Lancashire County Pension Fund (LCPF) have acquired the properties from a Private Family client of B8 Real Estate. The four separate properties make up the manufacturing, distribution and headquarters of AIM listed Accrol Papers Ltd. The properties were purchased off-market at a price of £25,000,000. Situated on Roman Road Industrial Estate, […]
Monte Blackburn, the property & development business of EG Group owners, Mohsin & Zuber Issa, has recently announced plans for a second phase of speculative development at their flagship warehouse scheme Frontier Park Blackburn, located adjacent to Junction 6 of the M65. This latest phase of development, totalling almost 300,000 sq ft has been designed […]
Tritax Symmetry has exchanged contracts with Love Hearts maker Swizzels Matlow for the delivery of a 158,000 sq ft facility at Ma6nitude in Middlewich, Cheshire. The warehouse will form part of the 460,000 sq ft first phase at the business park. The facility will be an expansion of Swizzels’ manufacturing capability, and the company said […]
B8 Real Estate are going green and have recently installed electric car chargers outside their office in Daresbury Park. Between them the team drive well over 100,000 business miles per annum and hope to do a lot of these (if not all) on electric charge!
B8RE have successfully concluded four recent lettings at Zone 2 on Deeside Industrial Estate, including a deal with national occupier DPD to take 26,300 sq ft. The DPD letting is the largest of the four and will see the company take a 10-year lease at £5.25 per sq ft. Elsewhere, there have been two further […]