Logistics operator expands portfolio in Midlands advised deal
A Midlands logistics business has expanded its operations with the acquisition of a 280,000 sq ft distribution hub.
The large warehouse is based on a 20-acre site at Newhouse Farm Distribution Centre in Chepstow, which previously belong to supermarket retailer Tesco.
Gloucester-based CM Downton was advised on the deal by the head of real estate at law firm Lodders, Paul Mourton.
Originally built specifically for Tesco in 1988, the property comprises a 248,975 sq ft temperature-controlled distribution warehouse with 16,000 sq ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
