ACRE Capital have advised Fortress on the acquisition of Hercules, a prime multi-let urban distribution hub located in Cribbs Causeway, Bristol. The property is subdivided to provide two distribution units which are both fully let to DFS and Gregory Distribution.
The property was acquired by Fortress for a purchase price of £53,000,000.
Location: Cribbs Causeway
Property Type: Urban Logistics
Transaction Type: Acquisition