Office Building in Middlesbrough

Investment Building Acquired - January 2017

Key Information

Location

Middlesborough

Planning Status

Office - B1

Price

3150000.00

Description

Investment Building Acquired

Contact

Matt Glazer

Overview

This exciting city centre investment deal consisted of a 36,000 square foot building, let to HMRC and the Home Office with 10 years remaining on the lease and a 5-year break option.

By working closely with both the vendor and the instructed sole selling agent, Cushman & Wakefield, GLPG procured the acquisition on behalf of a retained, Hong Kong based investor, providing them with a gross yield of 12% per annum.

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Investment Summary

Our Client

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