ACRE Capital have advised CBRE Global Investors on the sale of Flight Logistics Group, Poyle, a last mile logistics hub in close proximity to Heathrow Airport.
The property comprises a last mile storage/distribution warehouse totaling 12,750 sq ft, with immediate access to Junction 14 of the M25 motorway and Heathrow Airport. Due to its close proximity to the M25, Heathrow Airport and Central London Poyle has attracted a broad range of established logistics occupiers. Flight Logistics Group have been in occupation of the unit for over 20 years with the building’s proximity to Heathrow’s Cargo Terminal being fundamental to their operation as 100% of their total delivered goods pass through the airport.
The property was sold to a Private Investor for £2,850,000.
Location: Poyle, London
Property Type: Urban Logistics Unit
Transaction Type: Sale
Client: CBRE Global Investors