The estate was acquired by Brixton in 1996 and developed in two phases: the first comprised six units totalling89,000 sf and then an adjacent site of of 3.7 acres was developed as a four-unit second phase of 76,000 sf. The development is fully let producing £1.4 million ($2.5 million) per annum.
King Sturge advised Brixton on the sale, while Aberdeen Property Investors andCB Richard Ellis represented Akaria.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.