Dual-tenanted commercial property located in blue-chip industrial estate. Anchored by global tenant with a new 9-year lease to 2035, plus options to 2050, with CPI annual rent increases. 2nd tenant comprises a well established local business. We targeted what we considered the best of 3 options at this particular auction on behalf of investor client. Independent, locally based sales & leasing expert described the transaction as being purchased well with a significant upside in rental growth.
