Telereal Trillium has expanded its industrial property portfolio after acquiring an industrial warehouse on the Denaby Industrial Estate in Doncaster for £4.4 million.
The deal was facilitated by Commercial Property Partners (CPP).
Telereal Trillium owns and manages a £6 billion portfolio with a total floor area of 86 million sq ft.
The 87,000 sq ft warehouse property – currently let to Clytha Holdings – is located on the well-established estate which houses a range of occupiers in the manufacturing and distribution sectors to include United Carpets, Suez Environment Supplies and Whyte Chemicals.
Approximately 8 miles south-west of Doncaster and 5.5 miles west of Junction 36 of the A1 via the A630, the estate boasts good transport links to the surrounding area. Denaby Industrial Estate can also be accessed from J1 of the M18.
Roger Haworth, Partner at CPP, said: “We are delighted to have facilitated the sale of this industrial property at Denaby Industrial Estate, which sold ahead of the asking price.
“This is indicative of the demand in the area for industrial warehouse property.
“The acquisition of the industrial property at Denaby Industrial Estate will be an excellent addition to Telereal Trillium’s portfolio due to its quality and long lease term.”