Pin Property has bought a 170,000 sq ft distribution facility in Hanson Close in Middleton from receivers CBRE for an undisclosed sum.
The vacant building is on a 6.3-acre site in Middleton Central Industrial Estate, and was on the market with a £2.75m guide price.
B8 Real Estate and CBRE acted for the vendor, while WHR and law firm Kuits advised Pin.
Pin is planning to carry out an extensive refurbishment of the building before marketing it to potential tenants.
CBRE and WHR have been appointed joint letting agents.