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.
Property Type: Distribution Warehouse
Transaction Type: Sale