ACRE Capital have advised Valor Real Estate Partners on the acquisition of the Transmec distribution warehouse on London Road in the heart of the established West Thurrock industrial area.
The property extends to approximately 86,900 sq ft and is positioned on a strategic 5.5-acre site, benefitting from an attractive very low site cover of c.35%, in close proximity to the A13 and M25 Motorway. The property will be let to Transmec UK Limited on a new 3-year lease.
The property was acquired off market for a price or approximately £9,500,000.
Location: West Thurrock
Property Type: Urban Logistics Warehouse
Transaction Type: Acquisition
Client: Valor Real Estate Partners