Carillion offices sold in Kettering for £1.45m

Six office units at Brooklands Court on Kettering Venture Park, which were formerly owned by Carillion, have been boguht by a Midlands property investment company.

NPI (Kettering), a wholly-owned subsidiary of Norton Property Investments, has bought the the units for £1.45m.

The deal is Norton’s largest to date. Balfour Beatty is already a tenant on the site, and a national professional services firm has just signed to take 1,862 sq ft.

Norton managing director Ben Spickernell said: “Brooklands Court represents an opportunistic purchase for us, with good asset management opportunities in the short term.

“The fact that the market in the Kettering area is constrained, which drives value, was a positive for us.”

CBRE Birmingham acted for Norton, and JLL and Prop-Search for Carillion.

Norton was advised by law firm Emms Gilmore Liberson and Clarks Legal advised Carillion.

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