Arrow Capital Partners, an investor and operator of real estate in Europe and Asia Pacific, has completed the acquisition of a 625,360-square-foot multi-story logistics warehouse at the Wakefield Hub in Wakefield, United Kingdom, from Mountpark Logistics EU Sarl. The sales price is £233 million (€278 million/$317 million).
Once the development phase of Wakefield Hub is complete, the multi-story asset will have a gross internal area of more than 2 million square feet over ground and three mezzanine floors fitted out to operate as an Amazon Robotic Sortable Facility. It will have parking for 791 cars and 150 HGVs as well as dock and level-access doors along two sides.
The building is targeting a minimum BREEAM rating of Very Good and an EPC rating of A, incorporating many sustainable features such a photovoltaic panels, electric vehicle-charging points, cycle shelters and a bus terminal to facilitate public transport and further minimize carbon emissions.
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