ACRE Capital are pleased to have advised 4th Industrial on the disposal of Project Bravo, a portfolio of two multi-let industrial estates; Melford Court Industrial Estate, Warrington and Alpha Park, West Bromwich.
The portfolio comprises 32 units of 1970s and 1990s construction with total floor area of approximately 277,250 sq ft and an average unit size of 8,665 sq ft. The portfolio is currently let to 20 national and local occupiers, providing a weighted average unexpired term of 3.0 years to breaks and 3.3 years to expiries.
Location: Warrington & Birmingham
Property Type: Light Industrial
Transaction Type: Sale
Client: 4th Industrial
