Northern Trust Company Ltd is pleased to announce that they have completed the acquisition of a North East industrial portfolio from BizSpace.
The portfolio comprises of 10 multi-let industrial estates totalling over 146,000 sq ft located in Northumberland, Durham, Sunderland, Stockton-on-Tees and Cleveland.
Dubmire Industrial Estate, Houghton le Spring
Tom Parkinson, Director at Northern Trust commented “We have been expanding our multi-let industrial portfolio through new acquisitions and developments; and are delighted to complete this latest acquisition which offers good quality industrial space, which will complement our existing sites in North East. This acquisition forms parts of our on-going strategy to acquire and develop multi-let industrial assets to support the SME business community, with our current portfolio housing in the region of 18,000 jobs.”