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Deal Date: 02-02-2011 Practice Area: Real Estate
Deal Title: Graftongate industrial unit pre-let to Amazon Industry: Real Estate Investment & Services
Description:
Wragge & Co has advised property development and investment specialist Graftongate Investments on the pre-let of a 1.1 million sq ft industrial unit to Amazon - the biggest industrial pre-let development in the last year. Located in Dunfermline, Scotland, the site will be developed by Graftongate Investments to create a major new distribution centre for Amazon - approximately the size of 14 football pitches. It will form one of the cornerstones of Amazon's expanding UK distribution network, serving customers across the UK and internationally. Real estate partner Mike Trainer led the deal with construction associate Kerry Burns. The team worked closely with Philip Silk, director at Graftongate Investments. The project is being funded by HSBC Specialist Investments through its European Real Estate Fund HEAREF.
Financial Center: Birmingham Value: 0.00-0.00
Advised Party: Real Estate Lessor Law Firm
United Kingdom United Kingdom
Classification: Real Estate Leasing Warehouse Lease
Lawyer Mike Trainer