CBRE Global Investors has acquired Nimbus Park, a 270,875ft² logistics asset near Doncaster, South Yorkshire, from Sladen Estates and AIG. Nimbus Park comprises two brand-new distribution units totalling 270,875ft², built to a modern specification on a 15.8-acre site. Unit 106, comprising 106,509ft², is let to Tile Giant, while Unit 164, comprising 164,366ft², is let to The Mosaic Tile Company. The buildings have a BREEAM rating of ‘Very Good’ and offer both cycle storage and electric car charging spaces.
Situated to the north of Doncaster in South Yorkshire, adjacent to Junction 6 of the M18 and four miles from the M62, Nimbus Park boasts excellent road access to all areas of the United Kingdom. This was a rare opportunity to acquire a brand-new logistics asset, built to a modern specification and with excellent ESG credentials, in an area that offers an increasingly compelling investment rationale. As more occupiers look to capitalize on the changing market dynamics that have been accelerated by the pandemic, it is expected that rental demand will continue and consistent returns will be delivered.