Bizspace Buys Pounds 28m Wedge of the North

Summary


Industrial estates from the Scottish Borders to the Tees Valley have been acquired by a commercial property group in a pounds 28m deal.

The portfolio of 22 sites ( owned by Buildings For Business, a partnership of One NorthEast and developer UK Land Estates ( has been sold off to office-to-workshop provider Bizspace.

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Extract


Bizspace Buys Pounds 28m Wedge of the North

It gives the Bizspace 335 buildings in County Durham, Teesside, Northumberland, Tyneside and Sunderland with 275 tenants and a net income of pounds 1.9...

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