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SEGRO soar with Javelin Portfolio sale

By August 2023 Transactions

ACRE Capital, working jointly with DTRE, have advised SEGRO on the sale of two strategically located Midlands distribution hubs in Crick and Kettering. The portfolio comprises of Butchers Pet Care in Crick, Northampton and SEGRO Park Kettering Gateway, Kettering.

Butchers Pet Care Crick is a single let distribution centre totalling 386,795 sq ft GIA , a WAULTC of 13.5 years and attractive open-market rent review provisions.

SEGRO Park Kettering Gateway comprises of 3 new build distribution units totalling 487,097 sq ft GIA.

Location: Midlands
Property Type: Distribution Portfolio
Transaction Type: Sale
Client: SEGRO Plc