Nottingham industrial estate reaches full occupancy

Click to read the article in full.  

A Nottingham industrial estate has reached full occupancy.

Caisson Investment Management Limited, working in partnership with Barwood Capital, acquired Swinstead Close Industrial Estate in 2019, implementing a strategic refurbishment of the estate.

This has seen six lettings concluded by FHP Property Consultants, working with Joint Agents Commercial Property Partners (CPP).

The new tenants include Lighthouse Display, who obtained three units, Gracie Barra Limited, City Fibre Limited, and most recently the letting of Unit 7 Swinstead Close to Exact Precision Engineering Limited.

The total space let since Caisson Investment Management acquired the estate extends to over 30,000ft² and the lease lengths extend to over five years certain with the new tenants.

Dan Maynard of Caisson Investment Management said: “This has been a fantastic acquisition with our JV partners, Barwood Capital. When we acquired Swinstead Close, it was in a sorry state, with vacancy running at 60%.

“Today, we have a fantastic mix of tenants and the estate is unrecognisable. Kudos to both of our agents, who have worked very hard to achieve this. We now need another estate in Nottinghamshire!”

Chris Proctor of FHP Property Consultants said: “This has been an excellent news story, having originally taken a call from James Burgess

 link source - East Midlands Business Link - Property

Continue reading this article at the original source Here