{"id":8653,"date":"2018-05-15T18:34:41","date_gmt":"2018-05-15T17:34:41","guid":{"rendered":"https:\/\/lisney.com\/belfast\/?p=8653"},"modified":"2020-11-05T18:37:47","modified_gmt":"2020-11-05T18:37:47","slug":"mallusk-industrial-investment-opportunity-comes-to-market","status":"publish","type":"post","link":"https:\/\/lisney.com\/belfast\/mallusk-industrial-investment-opportunity-comes-to-market\/","title":{"rendered":"Mallusk Industrial Investment Opportunity Comes To Market"},"content":{"rendered":"<div class=\"columns small-12 medium-9\">\n<div>\n<p>A 35,834 sq. ft. industrial investment opportunity in Mallusk has been brought to market by Lisney.\u00a0The property comprises a modern two bay warehouse and interconnecting office accommodation, and is currently occupied by tenant, Zeus Packaging Group Ltd. who have just committed to a new ten year lease from the date at which the sale completes.<\/p>\n<p>Offers in excess of \u00a31.7 million are invited for the asset which, located to the rear of \u00a0Central Park in the prime industrial area of Mallusk, boasts a large yard and parking area for 38 vehicles as well as a development site of approximately 0.4 acres within the 2.5 acre holding.<\/p>\n<p>Stephen Chambers, Associate Director at Lisney, said:<\/p>\n<p>\u201cMallusk is one of Northern Ireland\u2019s leading industrial and warehousing locations with representation from a range of local and UK occupiers such as Marks and Spencer, Volkswagen, Bryson Recycling and Royal Mail.<\/p>\n<p>\u201cThe new ten year commitment from the tenant is a great positive, both the location and facility work really well for Zeus Packaging. The additional development potential on site presents an added opportunity \u00a0for the incoming purchaser, we expect strong levels of interest in this asset.<\/p>\n<p>Zeus Packaging Group Ltd. engages in the sale and distribution of packaging material to a variety of sectors ranging from pharmaceutical companies to, food processing industries and major retail \u00a0outlets.<\/p>\n<p>Mr Chambers continued:<\/p>\n<p>\u201cEarlier this month Lisney launched its Northern Ireland Commercial Property Report for Q1 2018 which revealed that already this year 1.139 million sq. ft. of industrial space has transacted.<\/p>\n<p>\u201cGiven that just over just over 2.1 million sq. ft. of industrial space was transacted in total in 2017 and with healthy supply levels at present, we would expect industrial volumes for 2018 to remain strong.\u201d<\/p>\n<p>Obel 68, 52,000 sq. ft. of Grade A office space arranged over basement, ground and six upper floors adjacent to the Obel Tower, was also brought to the market by Lisney this month with offers in excess of \u00a315 million invited.<\/p>\n<p>For further information or to register an interest, please visit <a href=\"http:\/\/www.lisney.com\" target=\"_blank\" rel=\"noopener noreferrer\">www.lisney.com<\/a> or call <a href=\"tel:+442890501501\" title=\"+44 28 9050 1501\">+44 28 9050 1501<\/a>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A 35,834 sq. ft. industrial investment opportunity in Mallusk has been brought to market by Lisney.\u00a0The property comprises a modern two bay warehouse and interconnecting office accommodation, and is currently occupied by tenant, Zeus Packaging Group Ltd. who have just committed to a new ten year lease from the date at which the sale completes. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[880,876],"tags":[],"class_list":["post-8653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-sales-lettings"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mallusk Industrial Investment Opportunity Comes To Market - Belfast<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lisney.com\/belfast\/mallusk-industrial-investment-opportunity-comes-to-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mallusk Industrial Investment Opportunity Comes To Market - Belfast\" \/>\n<meta property=\"og:description\" content=\"A 35,834 sq. ft. industrial investment opportunity in Mallusk has been brought to market by Lisney.\u00a0The property comprises a modern two bay warehouse and interconnecting office accommodation, and is currently occupied by tenant, Zeus Packaging Group Ltd. who have just committed to a new ten year lease from the date at which the sale completes. 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