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Golden Triangle Logistics Sale

By March 2019 Transactions

ACRE Capital have advised M&G on the sale of a distribution warehouse at Magna Park in Lutterworth, one of the UK s premier distribution parks.

The property extends to approximately 182,000 sq ft and was purpose built for the tenant, VWR. M&G had recently agreed a reversionary lease with the tenant prior to the sale.

The property was sold off-market for a price of approximately 18,300,000.

Location: Lutterworth
Property Type: Distribution Warehouse
Transaction Type: Sale
Client: M&G