Network Space Investments (NSI) has sold a prime 45,000 sq ft multi-let industrial estate at Trafford Park in Greater Manchester to a private US investor for an undisclosed price.
The 2.6-acre site on Europa Way comprises three modern detached units, all fully let to established tenants.
Tom Dawson, managing director at Network Space Investments, said: “We acquired this site in 2022 and have strategically asset managed it to unlock and realise a considerable uplift in value, outperforming our business plan. The sale allows us to reinvest into new value-add opportunities across the North West and Yorkshire.
“We remain confident in the strength of the industrial market and the potential for future capital and rental growth across the sector. We will continue to acquire units and estates in resilient locations where we can actively manage and add value.”
Newmark and JMW Solicitors acted for Network Space Investments and CBRE advised the purchaser.
