Industrial agency specialist BC Real Estate has completed its first two deals of 2018, with a sale in Gorton and a letting in Glossop.
Acting on behalf of profiling and processing business PP Group, BC has secured £1.3m from TNS Developments for a 29,920 sq ft warehouse in Gorton, east Manchester. PP occupied the building until its 2017 relocation.
BC had been instructed as sole agent to dispose of the self-contained building after it acquired PP Group’s new 110,00 sq ft facility in Drury Lane, Oldham in an off-market deal.
The Gorton disposal followed a 20,000 sq ft letting at Patrick Properties’ Graphite Business Park in Glossop. Clothing group JD Williams has taken the final vacant unit at the park on a five-year lease at £4.95 per sq ft.
John Barton, partner at BC Real Estate, said: “Last year was a great year for the industrial sector and as a firm we enjoyed a successful second year in business. The year 2018 looks set to be another exciting chapter in our company’s history and we look forward to the challenges that lie ahead. To have completed these two significant deals is great start to the year.”