A joint venture between Himor and Glenbrook saw our clients acquire the 200,000 sq ft Valley Business Park from retail gifting company Appreciate Group for £3m.
Over the course of the next 12 months they implemented an effective asset management scheme including 2 significant pre lets to Oops and Balfour Beatty Securing in excess 140,000 sqft.
Further refreshment was undertaken of as additional 30,000 sqft of industrial estate prior to the sale of the Estate to Schroders.
LM6 provided asset management advice and secured the letting of both units demonstrating our market facing advice backed up with on site delivery.
Following the project LM6 are pleased to have been selected for the shortlist of deals of the year in the 2022 Liverpool Property Awards.
LM6 work closely with a leading funds and asset managers across the Region and this estate demonstrates our strength’s in multi let industrial and implementation of successful asset management strategies to drive growth.
Full Shortlist for Deal of the Year include – click on image for full details
PIC £130m investment in Wirral Waters One (Peel L&P, Wirral Metropolitan Borough Council, PIC)
Kinrise acquisition of Martins Bank building
Pre-let at Valley Birkenhead to Balfour Beatty (Glenbrook; LM6 )
Forward sale of Glass Futures Centre of Excellence (Network Space; B8; St Helens Council; Gateleys; Standard Life Property Income Trust/abrdn; CBRE; Addleshaw Goddard)
Letting to the Centre for Process Innovation at Liverpool Science Park
Letting to Albert Schloss on Bold Street (Sixteen Real Estate, Antenor, Mission Mars)