Meadow Partners (Meadow) and Citivale Group Holdings (Citivale) announced the joint venture has acquired Zodiac Park, a warehouse and industrial park in West Drayton in Greater London from DTZ Investors.
Constructed in 2001, Zodiac Park, a 120,442 square foot property located on a 5.7 acre site, is a best-in-class multi-let industrial estate. The property is located along major motorways M40, M25 (London’s orbital road) and M4, and easily accessible from Central London, London Heathrow Airport and the south. Now 94.1 percent occupied, Zodiac Park offers eight units ranging between 7,070 square feet to 31,641 square feet with 9.0–9.7-meter internal eaves.
“We look forward to working with Meadow to reposition Zodiac Park to capitalize on the acute shortage of high-quality light industrial space in the Western Corridor close to Heathrow,” said James Appleton-Metcalfe, CEO at Citivale. “We are delighted to bring Citivale’s deep asset management experience to
