Sheet Anchor Evolve has acquired the 177,621 sq ft Grade A Westpoint office campus in Peterborough from Eagle Street for an undisclosed price.
The campus, which is set on a 22.4-acre site four miles west of the city centre, is currently let to 14 tenants and has a retention rate of 92%.
The campus has undergone a major refurbishment and its on-site amenity provision includes a café, gym, sports hall, breakout areas, outdoor terraces and end-of-journey facilities.
Joe O’Keefe, co-founder of Sheet Anchor Evolve, which is part of M Core, said: “Westpoint is a well-established Grade A office asset in a strong regional location. The building offers scale, quality and excellent amenities, which support long-term tenant retention. This acquisition aligns with our disciplined approach to investment and intensive management, and we have some exciting asset management plans to roll out immediately.”
Aquira acted for Sheet Anchor Evolve and DTRE represented Eagle Street.
