SUCCESS AT THE 2019 INDUSTRIAL AGENTS SOCIETY AWARDS

  Back to news  |  4th October 2019

M1 Agency advised three Clients who achieved notable success at the Industrial Agents Society Awards 2019. Nuveen won the ‘Best Industrial Investment Transaction’ for RD Park, Hoddesdon; Mulberry/Frogmore won the ‘Best Overall Scheme – Logistics Park’ for Midlands Logistics Park, Corby and Total Developments were finalists for ‘Best Overall Scheme – Multi-let Industrial Estate’ at Apollo Park, Crewe.

WINNER – Best Industrial Investment Transaction 2019

M1 Agency advised Nuveen Real Estate on the disposal of RD Park, Hoddesdon.

• UNITS A,B,C, D, G & J, RD PARK, HODDESDON
• Six self-contained single-let distribution warehouses, totaling 706,140 sq ft
• £145,000,000
• 4% NIY

 

WINNER – Best Overall Scheme – Logistics Park 2019

M1 Agency advised Mulberry/Frogmore on all lettings and funding’s which have taken place at Midlands Logistics Park, Corby.

• MIDLANDS LOGISTICS PARK, CORBY
• Acquisition of land extending to 250 acres
• Agreed letting of 121 acres to BCA Group Europe Ltd and sale to LXI REIT
• Agreed pre-let of 844,000 sq ft to Eddie Stobart and forward funding to Tritax
• Agreed pre-let of 945,375 sq ft to BSH Home Appliances Ltd and forward funding to Tritax
• Agreed pre-let of 525,000 sq ft

 

FINALIST – Best Overall Scheme – Multi-let Industrial Estate

M1 Agency advised Total Developments on the leasing strategy and disposal of Apollo Park, Crewe.

• APOLLO PARK, CREWE
• Six units extending to 170,820 sq ft
• 79% of floor area pre-let to 4 tenants with 2-year rent guarantees for the two vacant units
• £19,830,000
• 5.35% NIY