Tetra Real Estate acquires Daventry industrial site in sale-and-leaseback deal

Tetra Real Estate acquires Daventry industrial site in sale-and-leaseback deal

Tetra Real Estate has acquired the freehold of 1–3 High March in Daventry, a 22,355 square foot industrial site on 1.3 acres fronting the A45.  Master Abrasives, which manufactures and distributes abrasives, will keep running from the site under a lease that lasts until December 2030.  Chris Parsons, managing director of Tetra Real Estate, said: “This was a deal we were genuinely pleased to complete.  “Master Abrasives is a well-established busi…

Property investment firm acquires Daventry industrial site in sale-and-leaseback deal

A Midlands property investment firm has completed the acquisition of a Daventry industrial site following a sale-and-leaseback agreement with a long-established occupier. Tetra Real Estate, part of the Wigley Group, has purchased the freehold of 1–3 High March in Daventry, a 22,355 sq ft industrial complex fronting the A45 and occupied by abrasives manufacturer and […]