Sandyford Properties completes sale to Network Space Investments of 124,080sqft multi-let industrial estate National property firm Network Space Investments has acquired Sandyford Properties’ Newfield Industrial Estate, Tunstall, Stoke-on-Trent for £6.7m. The high-profile sale of one of Sandyford Properties’ long standing fully self-contained multi-let industrial estate comes with a net initial yield of 7.7%. Newfield Industrial […]
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With record demand for industrial property and the North West facing a shortage of supply, two advisory firms have joined forces to launch a new service to help companies take advantage of the rising prices. The joint venture between Dow Schofield Watts and B8 Real Estate, the North’s leading industrial property experts, will help property […]
What Arrow Capital has acquired a logistics asset in the North West Why The asset, which is let to Essity Operations, offers significant reversionary potential What next Arrow is looking to deploy up to £700m into UK industrial over the next two years Arrow Capital Partners has acquired a logistics asset in Bolton for its €3bn pan-European […]
Patrizia-managed Birchwood Park, the North West’s largest out-of-town business destination, has this month completed its latest phase of new industrial development with an investment of £12m, bringing 170,000 sq ft of prime industrial warehouse space to the region. The development, which began construction in April 2019, features five new units (717 to 721) comprising two […]
Goodman have recently completed on the sale of Pioneer 210, Ellesmere Port to the Local Authorities’ Property Fund, a client fund managed by CCLA for an undisclosed price. The prime cross – docked industrial distribution facility comprising 210,000 sq ft was built in 2007 and was recently fully refurbished including a completely new warehouse floor. […]
The Incontinence Shop has agreed to take the unit on a 10-year lease at the site in Bolton for use as a distribution centre. This deal, which has been struck at £7.50/ sq ft, follows Solus and an undisclosed pharmaceutical supplier’s uptake of similar sized units on the same lease lengths. With these three deals, […]
Acting on behalf of Morbaine Limited, B8 Real Estate has let a 51,717 sq ft refurbished former manufacturing facility in Warrington to local car dealership Rix Motor Company. Unit 1 Dallam is located on Folly Lane just off the A49 Winwick Road and has been let on a new 10 year lease. The scheme is […]
B8 Real Estate acting on behalf of private investors have sold Triumph Business Park, Speke, Liverpool to InfraRed Capital Partners Limited (‘InfraRed’). The Park which is located on circa 65 acres comprises an existing 825,000 sq ft of industrial accommodation ranging in unit sizes, circa 15 acres of open storage land and a further 10 […]
Harworth Group plc, a leading regenerator of land and property for development and investment, has purchased Etherow Industrial Estate (“Etherow”) in Glossop, Derbyshire as part of its strategy to improve the quality and breadth of its recurring income base. The 10.37-acre Etherow Industrial Estate has been acquired for £6.5 million plus acquisition costs, utilising headroom […]
Acting on behalf of District Estates, B8 Real Estate has let Unit 1 Kiwi Park, a 37,300 sq ft fully refurbished high bay warehouse unit in Trafford Park. Wholesaler RBU International Ltd has signed a 10 year lease at a headline rent of £6.95 per q ft, representing a new record rent for a mid-sized […]
Acting on behalf of Stenprop, B8 Real Estate have secured a number of lettings at Globe Park in Rochdale. The multi-let estate, which is close to junction 20 and 21 of the M62 motorway comprises 38,000 sq ft of industrial / warehouse accommodation across 17 units. Stenprop acquired the estate at the beginning of 2018 […]
CBRE Global Investors have let 23,222 sq ft at Europa Way, Trafford Park to food manufacturer Kluman & Balter Limited on a new 10 year lease at the headline rent of £6.50 per sq ft. The unit had undergone a comprehensive refurbishment programme and will be used for the manufacture and production of baking ingredients. […]