The Brief
On behalf of Freshwharf Estates, MMX Retail acquired Mabgate Junction in Leeds. We were then tasked by the client to source robust income-driven investments to generate a target return for the Family Trust.
The property comprises two neighbouring purpose-built retail units, constructed in 2017 and totalling 42,554 sq ft GIA, with 195 surface car parking spaces providing a ratio of 1:212 sq ft. The property was well let to Aldi, Pure Gym and One Below with unexpired terms of more than 10 years.