Acquisition of £5M multi-let, Northumberland industrial estate for Northern Trust Asset Management
January 2025
It has been a cracking start to the year for Chris Donabie who has struck a deal to acquire a £5m multi-let, Northumberland industrial estate for client, Northern Trust Asset Management.
- Chris identified that South Nelson Industrial Estate in Cramlington would be a valuable addition to Northern
Trust's portfolio and managed to secure it off-market.
- The buy brings takes Northern Trust’s total ownership in Cramlington to circa 300,000 sq. ft. across 100
industrial units, strengthening its North East presence.
- Their UK portfolio is circa 9 million sq. ft. in over 4,000 units and supports over 25,000 jobs 👏🏻