Mirastar, represented jointly by B8 Real Estate and Savills, has pre-let two industrial units at Gorsey Point in Cheshire. Widnes 400 is the largest speculative development in the North West to complete since 2020 and was pre-let to the NHS’s Supply Chain, creating 300 new jobs. Meanwhile Widnes 258, a 257,500 sq ft speculative development […]
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Residential developer Castle Green Homes has acquired a 43-acre site at Daresbury Park, Cheshire as it continues its expansion in the North West. B8 Real Estate acted as agents for the deal, which was completed via a competitive tender process for a sum in excess of the £25m asking price. The site, which is off junction 11 of […]
A refurbished industrial unit in Warrington has been let to third party logistics provider Kammac in a deal that is one of the North West’s largest existing warehouse lettings so far this year. B8 Real Estate completed the deal on behalf of the landlord, an institutional investor. Warrington 379 is a 378,942 sq ft unit […]
A unit on a popular Wigan business park has changed hands in less than a week, achieving a record rent and reinforcing the demand for commercial property within the region. The 3,000 sq ft unit at Wigan Trade Park, owned by CRT Property, the wholly owned subsidiary of the Coalfields Regeneration Trust, has been let to GSF […]
A US-backed property investor has agreed a deal to purchase Acornfield Industrial Park, a new-build speculative industrial development within Knowsley Industrial Estate. 4th Industrial (4i) will purchase the three units totalling over 131,000 sq ft on a site fronting Acornfield Road, the main spine road through the estate, when they are completed later this year. B8 Real Estate advised […]
A refurbished warehouse on Warrington’s Howley Trade Park has been acquired by Ireland’s largest Renault truck dealership in a £4.6m deal. The 45,000 sq ft property, which consists of four separate units, will be Diamond Trucks’ first location in England and is part of its plans to expand its business in the mainland UK. B8 […]
A fast-growing third-party logistics provider has signed up for its second new property in four months by taking a lease on a unit at Preston’s Walton Summit industrial estate. Kammac has taken a ten-year lease on an 85,757 sq ft unit in Four Oaks Road at a rent of £5.50 per sq ft. The company […]
2021 was another record year for the North West industrial property market, with investment deals breaking through the £1bn barriers for the first time and occupier take-up at unprecedented levels, according to specialist agents B8 Real Estate. Its latest Market Update shows there were 106 investment deals with a total value of £1.3bn during the […]
A Blackburn industrial estate has been acquired by a US-backed investment company in a deal that is one of the biggest of its type in the M65 corridor in recent years. Walker Industrial Estate has been bought by 4th Industrial. B8 Real Estate acted as agents for the buyer. The vendor was a client of […]
B8 Real Estate has scooped the majority of prizes in the North West category of the prestigious CoStar Awards – for the second year in a row. The team won six out of a total of eight regional titles in the 2021 awards, following their success in winning seven out of eight last year. The […]
A distribution warehouse described as ‘the largest speculative unit to be built in Liverpool city region for more than a decade’ has been sold for £29,590,000. Venus 217 in Knowsley has been sold by B8 Real Estate on behalf of developer Flintrock in a deal that represents a net investment yield of 4.1%. The purchaser […]
B8 Real Estate expanded their lettings team with the appointment of Alex Perratt as Surveyor. Alex, who will primarily be covering the Merseyside, Cheshire, North Wales and West Lancashire areas, joins from CBRE in Manchester where he was part of the industrial and logistics property team. An RICS-qualified Chartered Surveyor, he has eight years’ experience […]