Distribution firm re-gears on 10,400 sq ft Mansfield unit

Unit 9 Concorde Way, Mansfield, re-let to Takbro

Distributor of interface products Takbro has taken a five-year lease on the 10,400 sq ft on Unit 9, Concorde Way, Millennium Business Park, Mansfield.

The deal was brokered by Blue Marble Asset Management on behalf of on behalf of CRT Property Investments.

CRT Property Investments bought Unit 9 in February last year (2016), with the assistance of Blue Marble, as part of a multi-million pound off-market investment in industrial space in Mansfield and Nottingham.

Property investment and development director for CRT Property Investments, Shaun O’Brien, said: “We’re extremely pleased to have signed a new lease with Takbro and look forward to working with them over the next five years. The unit is a fantastic building with good access to the nearby national motorway network. It is easy to see why they have chosen to stay here.

“We would like to thank Blue Marble for their great work. As always it has been a pleasure working with the team.”

Amy Haywood, senior property and asset manager at Blue Marble, said: “In just over a year since the purchase of this unit, we have successfully renewed the lease to the current tenant. This move was part of our strategy for this investment when we first advised CRT Property Investments Ltd on the purchase. We deliver added value to meet our clients’ investment objectives by pro-active management to a pre-agreed strategy.”

CRT Property Investments is a subsidiary of the Coalfields Regeneration Trust.

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