£11m logistics investment sold in Doncaster
Commerical Property Partners (CPP LLP) has closed the sale of a £11m industrial and logistics site on High Common Lane in Doncaster on behalf of a corporate client.
The 616,000 sq ft industrial investment has been acquired by Clearbell, the independently-owned private equity fund management and advisory business.
DHL Supply Chain Ltd, the warehousing and distribution supply-chain logistics specialist, occupy the site by way of an eight-year lease.
Toby Vernon, co-founding partner at CPP, commented: “We are delighted to have facilitated the sale of this large logistics complex to Clearbell.
“The investment at High Common Lane is a significant transaction of a large and complicated facility comprising 13 individual units. This site will be a great addition to Clearbell’s portfolio due to its size and future potential.”
The site boasts national transport links, eight miles south-east of Doncaster, six miles south-west of Doncaster Sheffield Airport, and approachable by J3 of the M18 and J34 of the A1.
M1 Agency represented Clearbell in the transaction.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset