ACRE Capital are pleased to have advised Pembury Real Estate and Bridges Fund Management on the formation of a new joint venture and the acquisition of the former 3M Manufacturing Site at Ratcliffe Road, Atherstone. The site comprises a substantial 25 acre redevelopment opportunity with the potential to deliver up to 420,000 sq ft of prime logistics space. Strategically located adjacent to the A5 with excellent connectivity to the M42, M69, M6, M1 and wider national motorway network, the site offers an exciting opportunity to reposition a major former manufacturing complex into a modern logistics development.
Location: Atherstone
Property Type: Industrial and Logistics Development Site
Transaction Type: Development Acquisition
Client: Pembury Real Estate & Bridges Fund Management
