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Fortress get Fedex’d

By August 2022 Transactions

ACRE Capital are pleased to have advised Fortress on the acquisition of Fedex, Newcastle Under Lyme. The property comprises a 103,441 sq ft mission-critical distribution facility on a site of 9.47 acres.

The property was acquired by Fortress for a purchase price £13,900,000.

Location: Newcastle-Under-Lyme
Property Type: Distribution
Transaction Type: Acquisition
Client: Fortress