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Blackrock buys Warrington industrial

The Blackrock Industrial Trust (BRIT) has bought 211-256 Europa Boulevard at Gemini Business Park in Warrington from a client of DTZ Investment Management for £7.05m, reflecting a net initial yield of 8%.
CoStar News
October 23, 2014 | 4:28 P.M.

The multi-let industrial estate comprises 26 units totalling 118,871 sq ft (11,043 sq m). The estate is let to 17 tenants on 19 leases with scope to grow the income through asset management.

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