Off-market acquisition of strategic distribution warehouse in Bristol

By January 7, 2019 Transactions

ACRE Capital have successfully advised Hines on the off-market acquisition of an extensive distribution warehouse facility located on a large strategic site in Bristol. The property extends to approximately 423,000 sq ft and is excellently located adjacent to Junction 13 of the M5 Motorway.

The property was acquired for a price of £23,500,000.

Location: Bristol
Property Type: Distribution Warehouse
Transaction Type: Acquisition
Client: Hines