Northern Trust snaps up Blackpool estate
Northern Trust, advised by B8 Real Estate, purchased the 34,479 sq ft site from Murphy Young, advised by GVA.
The modern multi-let industrial estate comprises a mixture of industrial/trade counter units and studio office suites.It is located at the end of the M55, close to the A5230 and junction 4 of the motorway, and joins Blackpool & Fylde Industrial Estate in the group's portfolio.
Tom Parkinson, director at Northern Trust, said: “We have been long term investors in the Blackpool & Fylde area and, with the planned growth of the town at Junction 4 of the M55 this is an excellent addition to our existing portfolio." John Burrows of B8 Real Estate said the site had a good occupancy record with many long-standing occupiers.