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Tuesday, 24 August 2010

Industrial Comings and Goings

Comings
The industrial team have taken on two new instructions, both are refurbished units both instructions are from landlords and both are from well respected funds!

The first, is on the Six Bridges Trading Estate, just off the Old Kent Road, is the second instruction on the subject estate from AXA. We have already been asked for two proposals from occupiers prior to marketing. The unit is 5,300 sq ft and is a mid terrace 1980’s build.

The second new instruction is from Threadneedle for the Langley Business Park, a 27,218 sq ft unit ideally located for the M4 corridor, Heathrow and the M25. This is also a 1980’s approx build unit.

Goings
We recently have let two units on the Compass West Industrial Estate, N17, a SEGRO owned estate and have a further one under offer. These units were approximately 2,200 sq ft each and were let at £10.50 per sq ft. SEGRO had refurbished the units prior to marketing and this assisted the marketing process.

Paul Londra - Associate
Industrial Department

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