Manchester-based property consultancy, JPM Real Estate (JPM), has been appointed by Quidnet REIT to manage Hawkley Brook Trading Estate, taking its total property assets under management to circa £160million.
JPM, headed up by experienced property asset manager Peter Williams, manages more than 500 commercial tenancies, with a rent roll of over £13million.
Hawkley Brook is a multi-let industrial trading estate comprising 16 individual units, totalling circa 85,000 sq ft. Part of a well-established industrial area, it is very well located just three miles from Wigan town centre, and with immediate access to the motorway access via J25 of the M6.
Occupiers include Lansdown Property, North West Maintenance Services and M&B Healthcare.
The appointment is the latest of several in recent months, with Hawkley Brook now joining JPM’s portfolio of industrial assets under management, including Liverpool’s Brookfield Business Park, Glebe Road in Skelmersdale and F30 in Aintree.
Peter Williams, Founder and Director at JPM Real Estate, said: “Hawkley Brook joins our client portfolio following a strong period of growth for JPM. Asset management has become increasingly complex, so it’s more vital than ever to have an advisor in place who can take a complete, holistic view of an entire portfolio with decisions taken strategically and in line with the client’s wider objectives.
“Hawkley Brook has recently undergone extensive refurbishment, which, combined with the continued dearth of available, high-quality industrial stock in the North West, has meant the remaining vacant unit has seen strong interest.”
Sixteen Real Estate is the agent for Hawkley Brook Trading Estate.