{"id":2070658,"date":"2021-02-19T07:52:01","date_gmt":"2021-02-19T07:52:01","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2070658"},"modified":"2021-02-19T07:52:01","modified_gmt":"2021-02-19T07:52:01","slug":"warehouse-specialist-invests-28m-in-six-last-mile-sites","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2070658-warehouse-specialist-invests-28m-in-six-last-mile-sites","title":{"rendered":"Warehouse specialist invests \u00a328m in six last-mile sites"},"content":{"rendered":"

Specialist warehouse investor Urban Logistics has revealed the \u00a327.8m purchase of six sites that it says are “perfectly positioned” for last-mile logistics.<\/p>\n

The acquisitions include the \u00a33.8m purchase of a 125,000 sq ft site in Rotherham which is let to Green Forest Solutions until 2025.<\/p>\n

Urban Logistics has also agreed a \u00a317.3m sale and leaseback transaction for four properties with Kinaxia in Macclesfield, Telford, Royal Wootton Bassett and Yate.<\/p>\n

In a third deal it has paid \u00a36.7m for an 80,200 sq ft site in Leigh let to XPO.<\/p>\n

Urban Logistics chief executive Richard Moffitt said: “We are delighted with these new logistics assets which are perfectly positioned to deliver essential goods the “last mile” to customers and businesses in key conurbations.<\/p>\n

“In line with our strategic focus, all of these assets are single-let properties servicing high quality logistics tenants.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Assets, which are let to logistics tenants, are ‘perfectly positioned’ for supplying essential goods<\/p>\n","protected":false},"author":18,"featured_media":2070661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"coauthors":[81],"class_list":["post-2070658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-featured-story"],"yoast_head":"\nWarehouse specialist invests \u00a328m in six last-mile sites | TheBusinessDesk.com<\/title>\n<meta name=\"description\" content=\"Assets, which are let to logistics tenants, are 'perfectly positioned' for supplying essential goods\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2070658-warehouse-specialist-invests-28m-in-six-last-mile-sites\" 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