ACRE Capital are pleased to have advised Hines on the off-market acquisition of Booker Cash & Carry in Redhill. This unit sits adjacent to The IO Centre which they recently purchased as part of Project Clover.
The property comprises a single-let industrial warehouse totalling 41,802 sq ft GIA and is let to Booker Limited until December 2031 with a tenant break option in December 2026, providing an unexpired term certain of 2.37 years.
Location: Redhill
Property Type: Distribution
Transaction Type: Acquisition
Client: Hines
