Ashburton Point Expands Following Second Acquisition
January 4, 2005 |
Acting on behalf of clients, Arlington Property Investors has expanded its scheme, Ashburton Point in Trafford Park following the acquisition of Liquorice Park Phase Two, adding a further 98,480 sq ft (9,148 sq m) of prime industrial space. The deal, worth in excess of £6.5 million, means that Ashburton Point is now the largest, single speculative industrial scheme available in the North West.
Ashburton Point will now comprise over 225,000 sq ft of high quality, brand new, self contained units ranging from 5,000 sq ft – 37,480 sq ft. Phase two is due to be ready for occupation Spring 2005.
Rick Davies of retained letting agents Davies Harrison states: “This is a highly significant deal for Arlington Property Investors. Ashburton Point is now the largest speculative scheme in Trafford Park and has already attracted a significant interest from a number of potential occupiers. The high quality units offer a wide variety of uses which will appeal to a wide range of occupiers from small starter/trade counter units up to the major industrial occupiers.”
Paul Wylie of Arlington Property Investors adds: “We were delighted to have secured this second transaction off market. We are convinced that the range and quality of accommodation offered by the two phases will result a flow of new lettings and further establish Trafford Park as Manchester’s premier industrial location.”
Davies Harrison and DGI acted on behalf of CDP Ltd. Davies Harrison and FPD Savills have been retained to market the scheme. |
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