Realterm has acquired Bessemer Road, a 36,392-square-foot final mile delivery hub situated on a 3.80-acre site in Irlam, a prime logistics submarket in Greater Manchester, United Kingdom. This acquisition represents a significant addition to Realterm's growing European portfolio.
The facility comprises 31,689 square feet of warehouse space, 4,430 square feet of office space, and a 273-square-foot gatehouse. The property offers exceptional operational functionality with 34 level access doors, three dock-level doors, 80 car parking spaces and only 19 percent site cover, making it ideally suited for a wide range of occupiers.
Realterm will undertake a comprehensive refurbishment program focused on enhancing the office space, increasing power capacity and improving Environmental, Social and Governance (ESG) credentials – targeting Engineering, Procurement and Construction (EPC) A. Bessemer Road is now vacant and available for lease.
“We identified a unique op