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Ares Digs Up JCB Stoke Industrial Buy

Construction Equipment Giant Leases 383,000 Sq Ft at Hub
CoStar News
April 26, 2021 | 6:19 AM

Nuveen has sold the freehold interest in tractor manufacturer JCB's industrial hub on Lowlands Road, Stoke-On-Trent to Ares Management UK for £33.75m, reflecting a net initial yield of 5.37%.

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