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 2nd hand unit.
Paul Thorne of B8 Real Estate, who acted on behalf of District Estates, said:
“There is a shortage of Grade A units in the Trafford Park area and with limited development pipeline we expect to see continued strong demand for modern refurbished units such as Kiwi Park .”
B8 Real Estate acted as sole agents in conjunction with asset managers Smith Nicholas.
For further information please contact Paul Thorne.