THE North West Industrial team at CB Richard Ellis has successfully advised Pin Property Consultancy on the sale of 100,000 sq ft at Premier Point Industrial Facility at Whitehouse Industrial Estate, Runcorn, to logistics specialist Downton Distribution.
Jeff Pike, Pin’s senior building surveyor, was in charge of overseeing the project which involved modifying and extending the facility to provide a concreted yard in excess of 2.5 acres, along with refurbished offices, vehicle wash and fuel pumps.
Downton will use the facility as a North West base to service the company’s growing number of clients in the region, including INEOA and Shotton Paper.
Jonathan Thorne, director of industrial agency at CBRE North West, said: “It is encouraging to see another large deal in the market, showing that demand is still strong and buildings are being taken if the fundamentals are right for occupiers.”
Davies Harrison acted as joint agent on the sale with CBRE.
