Completed

Fleets Corner Industrial Estate

Poole

Description

A prime multi let Industrial Estate comprising 535,000 sq ft of industrial and office accommodation.

Business Plan Objective

To undertake a rolling refurbishment, redevelopment and lease re-gear programme acting as asset, development and project manager. In modernising the Estate maximise site density, improve lease terms and drive rental growth to enhance returns.
 
We re-geared a number of tenants, increased headline rents, achieved a prelet to Selco and created a new access road off Waterloo Road.

Exit

The property was sold to Blackrock in January 2016 for £36,000,000.

Partner

The Poole Trust Unit c/o Clearbell