Saturday, September 27, 2025

Glenbrook acquires Leeds industrial property for £3.55m

Glenbrook Investments has purchased 1–4 Whitehall Industrial Estate in Leeds from Glenstone REIT for £3.55 million. The 40,000 sq ft warehouse sits 3.5 miles from Leeds city centre and is fully leased to Just Trays Ltd, a shower tray designer and manufacturer, with rent of £286,000 per year secured until June 2029.

The estate hosts multiple industrial occupiers and offers transport links via Junction 1 of the M621, providing access to the M1 and M62. Just Trays, acquired by Kartell in 2019, has expanded its manufacturing and international distribution since its takeover.

The deal follows Glenbrook’s recent Leeds activity, including the sale of 5–6 Commercial Street and lettings at St Albions to a flexible office operator. Northcap advised Glenbrook on investment and occupational matters, with Brabners providing legal due diligence. M1 and Knights acted for Glenstone REIT.

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