The deal with Caisson Investment Management sees the fire safety glass business take the new build Merseyside industrial unit on a ten year lease.
The speculative warehouse, build on the site of two smaller units, let rapidly. That a manufacturer should take the unit from under the noses of the logistics business shows how this sector of the economy is recovering rapidly after the disturbances of the last twelve months.
Darren Hill at CBRE secured the letting on behalf of Caisson, with B8 Real Estate and Davies Harrison acting as joint agents. Pyroguard UK were represented by David Newman from Matthews & Goodman.