This site comprised the former OTIS Lifts manufacturing facility and had been divided up to provide a large multi-let industrial complex.
B8 Real Estate were brought in as the letting agent when two of the main tenants on the estate vacated leaving over 360,000 sq ft of void industrial/warehouse accommodation.
Following the implementation of a full marketing strategy, we were able to secure new lettings to a previous occupier, Kammac Logistics, who took 137,000 sq ft and K&A Logistics who took 230,000 sq ft ,all within six months of marketing the space.
In securing these lettings we were able to significantly increase the rent roll on the estate which led to our investment team being instructed to dispose of the estate as an income producing asset.
Client: Jolivet Investments
Type: Large multi-let industrial complex
Size: 450,000 sq ft on 27 acres – Units from 2,500 sq ft – 330,000 sq ft