
Fusion Portfolio
Price: £140,800,000
We advised SWIP on the disposal of this portfolio to Rockpoint Industrial Acquisitions LLC for £140.8m.
The portfolio consists of 8 single-let industrial/distribution warehouse units, a multi-let industrial estate, a retail warehouse let to B&Q, 3 single let office buildings in Hammersmith, Crawley and Heathrow and 2 retail units in Glasgow.
Rockpoint Industrial Acquisitions LLC bought the portfolio to add to an existing portfolio of 10 distribution warehouse assets owned in RP Holdings IOM Ltd (The Holdco). The existing Rockpoint properties are all recently completed warehouse developments constructed by Gladman Developments and total over 3 million sq ft. By merging the two portfolios the combined portfolio will total over 5m sq ft and produce a day one rent roll of circa £14.65m.
Contact
Jeff Ellis
Tel:
020 7493 3330
Mob:
07775 582 719
jellis@lewisellis.co.uk