Asda has sold its 322,198ft² Wigan regional distribution centre to Prime Box, with Colliers’ Industrial & Logistics team representing Asda in the sale.
The 322,198ft² warehouse, located on the Wheatlea Industrial Estate, is sold with full vacant possession.
Prime Box will act as development manager and, together with JD.com, is looking to bring forward a full refurbishment of the asset.
The deal forms part of Prime Box’s strategy to acquire and reposition assets across the UK, with Rock Real Estate and ACRE Capital Real Estate advised Prime Box.
Asda head of estates, Rob Butterworth, said: “Wigan has not been a part of our supply chain for a number of years and following the end of a tenancy last year, it made sense to release the property back to the market. We’re pleased to have worked with Colliers in the disposal of the site.”
