LaSalle Investment Management (“LaSalle”), the leading global real estate investment manager, has announced the completion of the sale of a unit at Westgate industrial park in Northampton for £1.45 million.
The distribution unit, which was previously leased to the Outdoor Group, has been acquired by the owner occupier, Plastico Limited, a leading British manufacturer of plastic tableware.
Edd Fitch, Associate Director, LaSalle Investment Management said, “This sale is at a good price as the property required a significant amount of expenditure in order to put it back into a lettable condition.”
LaSalle Investment Management was advised by Lambert Smith Hampton and Burbage Realty.