Hortons’ Estate has purchased a former RAF base in Hixon, near Stafford, for an undisclosed price.
The property company said that the deal for Hixon Airfield Industrial Estate takes its total spend for 2023 to date to £35.65m following the recent purchase of Sinfin Commercial Park in Derby and Joules’ Corby distribution centre.
The Hixon site comprises almost 500,000 sq ft of industrial space and storage compounds and more than 36 acres of land.
Steve Tommy of Hortons’ Estate said: “We are very pleased to have completed our third significant investment deal in quick succession. Hixon Airfield Industrial Estate is a well-established industrial estate with an impressive mix of international, national and local occupiers and complements our growing industrial property portfolio.
“We are looking forward to working with occupiers and attracting new business to the estate through existing units, storage facilities and potential future development.”
Hortons’ Estate was advised by Roberts Real Estate.
