M Core has expanded its UK industrial portfolio with the acquisition of two industrial assets in Corby and Chesterfield for an undisclosed price.
The acquisitions comprise Big Hatton and Little Hatton in Corby, a single-let industrial asset comprising two units providing 40,862 sq ft, and Station Lane Industrial Estate in Chesterfield (pictured), an established, 118,817 sq ft multi-let industrial estate.
Will Helm, associate director of LCP UK, part of M Core, said: “These acquisitions reflect our long-term approach to investment and add two complementary assets to our UK industrial portfolio. Big Hatton and Little Hatton presented an opportunity to support the expansion of an existing occupier, while Station Lane is a well-established industrial estate that complements our portfolio. We’re looking forward to investing in both assets and working closely with occupiers over the long term.”
Osborne Clarke provided legal advice to M Core. TDB Real Estate acted on the acquisition of Big Hatton and Little Hatton. RYRE acted for the purchaser and CPP acted for the vendor on the acquisition of Station Lane Industrial Estate.
