Chancerygate has sold two urban logistics schemes offering 275,000 sq ft of Grade A space to a private investor for an undisclosed sum.
The company has sold Vantage 41 in Aston Clinton, near Aylesbury, and Broadway Central in Chadderton, near Oldham.
The 165,000 sq ft Vantage One scheme (pictured) comprises 16 units ranging from 4,800 sq ft to 43,600 sq ft, and the 110,000 sq ft Broadway Central development comprises seven units across two terraces ranging from 7,600 sq ft to 18,200 sq ft and one standalone unit of 27,000 sq ft.
Matthew Connor, senior development director at Chancerygate, said: “These deals are testament to the hard work and expertise to develop Vantage 41 and Broadway Central and will help satisfy the strong demand for urban logistics accommodation in the respective regions. The sales are also further evidence of our product’s sustainability credentials, flexible sizing and proximity to key infrastructure and transport hubs, which are attractive to both investors and occupiers.”
JLL advised Chancerygate on the sale of Vantage 41.
