MARCHMONT ACQUIRES LOGISTICS UNIT NEAR HEATHROW

Marchmont Investment Management has completed the acquisition of 1 Challenge Road, Feltham.  The 18,975 sq ft urban logistics unit is let to logistics operator Rhenus Lupprians.  The property comprises a self-contained unit with secured yard, situated on an established industrial estate just 3.5 miles south of Heathrow Airport.

 

Marchmont Director Cameron Fraser commented, “This acquisition is entirely aligned with our firm belief that demand for logistics units of this type, fulfilling the ‘last-mile’ delivery, are in short supply and increasing demand.  Furthermore, the proposed new runway at Heathrow is likely to put even more pressure on the local market providing an excellent platform for future growth.”