Orchard Street Investment Management has completed the acquisition of two South East industrial assets in Dunstable, Bedfordshire, for £27.95m.
The properties were acquired from Pears Property on behalf of the St James’s Place Property Unit Trust.
Located on Dunstable’s Woodside Estate, the two assets are Nimbus Park, an eight-unit industrial estate totalling 139,103 sq ft, and the nearby 18,639 sq ft unit at 10/10a Foster Avenue, which together extend to 10.41 acres. The properties are fully let to a diverse tenant mix on average rents of £7/sq ft.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts