MCD Property, acting on behalf of Arrow Capital Partners, has recently completed the acquisition of an attractive distribution facility, at Fingal Bay Business Park, Balbriggan, Co. Dublin.
Unit 10 comprises a modern detached distribution unit which extends to a total area of approx. 7,003 sq. m (75,382 sq. ft.) on a site of approx. 1.2 ha (3.1 acres). The building incorporates an impressive 7 dock levellers, 1 standard grade door and a clear internal eaves height of approx. 8.0 meters with an extensive marshalling yard. There are two floors of modern open plan office accommodation situated to the front elevation.The entire is occupied by Bridgestone Europe under the terms of a long-term lease. Bridgestone, the Japanese headquartered auto and truck parts manufacturer, is the second largest manufacturer of tyres in the world whilst the Balbriggan facility serves as the company’s HQ and distribution facility for the island of Ireland.n facility for the island of Ireland.
Fingal Bay Business Park is strategically located approx. 4.0 kms from the M1 Motorway and is approx. 15 minutes’ drive time to Dublin Airport and the M50 Motorway.
The property has been purchased by Arrow Capital Partners for its €3bn Strategic Industrial Real Estate (SIRE) Fund. The property was sourced and acquired off market by JP McDonagh of MCD Property.
JP McDonagh of MCD Property comments that “the building is an impressive distribution facility which is strategically important to the current occupier’s distribution network throughout the island of Ireland and is well positioned close to the M1 Motorway along the Dublin – Belfast economic corridor”
For further information, please contact JP McDonagh of MCD Property at (01) 554 7355.