Darlaston logistics park sold for £25m
LondonMetric has bought a fully let logistics park between Darlaston and Wednesbury for £25 million.
The 211,000 sq ft Axcess 10 has been bought from a pension fund.
The deal is part of £70m of warehouse acquisitions and £50m of disposals announced by the property group, which acquired Halesowen-based A&J Mucklow in 2019.
The acquisitions involve seven warehouses including sites in Avonmouth , Leeds, Derby, Swindon, Bolton and Farnham.
The disposals are 10 former LXi REIT assets and a former CT Property Trust asset. Seven care homes, a training centre, two car showrooms and a self-storage building were involved.
Axcess 10 is off Bentley Road South and close to the M6 and the Walsall canal.
