Crookshank makes second Greater Manchester buy
The 37,000 sq ft Ridgway Office Park in Denton has been bought by Leeds-based Crookshank Properties from Amerdale Investments for £6m.
The multi-let office park off Junction 24 of the M60 includes three buildings – let to contractor Vinci; German confectionary company Kruger, and access solutions provider Assa Abloy. Carrick Real Estate and B1 Real Estate acted for the vendor.
The deal for Ridgway is the second acquisition made by Crookshank in the last nine months, after it bought the 32,500 sq ft Hercules Business Park in Cheadle for £5.1m from Royal London Asset Management last December.
Bernard Meehan, Crookshank Properties director, said: “We are very pleased to have secured a highly sought-after asset in an ideal location. Completing this deal was one of life’s better experiences thanks to the practical advice and excellent attention to detail of our team at Gordons.
“With both Ridgway and Hercules now in our portfolio, we are actively assessing other investment opportunities in the north of England.”
Yorkshire-based law firm Gordons acted for Crookshank on both acquisitions.
