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FI Real Estate Management (FIREM) has acquired a 268,000 sq ft site at Wrexham Industrial Estate from the plastics manufacturing giant Mainetti.
The acquired investment, the value of which hasn’t been disclosed, spans 30 acres and has been renamed Bedwell Park. It served as the UK and Ireland distribution centre for Tetra Pak from the 1970s until 2013, and sits opposite the existing F Lloyd Penley warehouse facility.
The acquisition by FIREM is part of its plans for continued expansion at Wrexham Industrial Estate, the second largest business park in the UK, which it has had operations at since 2006 and invested more than £132m. With two new flagship schemes, Wrexham 1M and Wrexham 152 in construction - delivering a combined 1,15 million sq ft of industrial and logistics
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