Kennedy Wilson adds two U.K. industrial warehouse assets
Kennedy Wilson has acquired two industrial warehouse assets in the United Kingdom totaling 181,500 square feet via separate transactions.
The properties occupy prime distribution locations within the United Kingdom’s logistics Golden Triangle and core South-East market.
Situated 18 miles northeast of central London, the single-tenant unit at Westside Business Park comprises 76,040 square feet and is fully leased to GXO Logistics, a logistics provider. The asset is adjacent to Kennedy Wilson’s existing asset Spire Green Industrial Estate, bringing Kennedy Wilson’s footprint in Harlow to 12.5 acres. The property benefits from excellent arterial connectivity, with Junction 7 of the M11 motorway and the M25 orbital motorway both within 11 miles, providing direct links to the United Kingdom’s wider motorway network as well as important transit routes into Greater London.
The second acquisition comprises a 105,415 square feet industrial unit at Moulton Park, a