CBRE Investors paid £7m to buy 12-16 Northgate in Chester, occupied by Miss Selfridge, from a joint venture of AEW Europe, Tristan Capital and Mountgrange Investment Management.
The Chester asset was part of a portfolio of three acquired in the same deal, totaling £15.3m. The other two buildings are in Chesterfield and Birmingham.
CBRE Investors was advised by King Sturge. Savills advised the joint venture.