‘Off Market’ Investment Acquisition – Logistics Plot E1, Unity, J5 M18, Doncaster
Posted on September 1, 2022.
NorthCap sourced and successfully acquired a prime logistics funding opportunity on behalf of Blackbrook Capital.
NorthCap were able to leverage our strong client relationships to source and acquire this asset ‘off market’.
The unit is being funded speculatively and will reach practical completion in Summer 2023. The new unit will comprise:
- 405,411 sq ft
- 17.5m eaves height
- 50m yard
- 256 car parking spaces
- 50 car parking spaces
- 1MVA
The team at NorthCap have been a critical component of our UK product sourcing strategy since Blackbrook’s inception. Providing access to high quality off-market opportunities as well as trusted transaction advice along the way has allowed us to grow our UK presence substantially this year. It’s clear the NorthCap team are passionate and knowledgeable about this sector and its always a pleasure working with them.
Jon Strang, Managing Director at Blackbrook Capital.
We have known Ben at NorthCap for a long time and that gave us confidence that his clients would perform. Ben worked hard to make the deal happen and I would be more than happy to recommend NorthCap to other property principals!
Ben Ward, Managing Director of RULA Developments