Derby commercial park sold in multimillion-pound deal
Hortons’ Estate has expanded its industrial portfolio with the multi-million pound acquisition of a city centre commercial park in the East Midlands.
The company has bought Sinfin Commercial Park. The 26-acre site consists of 21 fully-occupied warehouse units, totalling more than 135,000 sq ft and includes almost eight acres of additional open storage and development land.
Steve Tommy of Hortons said: “This is an excellent acquisition which builds on our investment strategy of obtaining income generating industrial sites with significant development potential.
“Sinfin Commercial Park benefits from a good mix of modern and flexible units with established occupiers and presents the opportunity to add value through letting or developing vacant plots of land.”
Hortons was advised by Acre Capital Real Estate.