Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated. The 213,281 sq ft warehouse, First Point, near the A38 was bought for Arlington’s newly set up distribution and warehouse investment fund from Eden Park Developments and Northridge Capital.
The warehouse, on high profile mixed use development Centrum 100 has access to the motorway network including the A50 Stoke-Derby link road, M1, M42, M6 and M6 toll.