US EditionTritax Big Box Acquires New Distribution Centre from Sainsburys
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Tritax Big Box Acquires New Distribution Centre from Sainsburys
Tritax Big Box REIT has purchased the 650,000 sq ft Sainsbury’s distribution centre in Haydock in an off-market deal for £75 million. The transaction represents a net initial yield of 6.0%. The deal, which was arranged by commercial real estate firm Colliers, sees the REIT securing a well specified distribution warehouse which is strategically positioned to service the North West, located on junction 23 of the M6, between Liverpool and Mancheste…
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