Monday, March 26, 2007

National Grid Seeking £28 Million Sale Leaseback of Offices in Northampton

Estates Gazette reports that National Grid has put a second office building up for sale after the successful £60m sale-leaseback of its Warwick HQ. The group has put its 100,000 sq ft Lakeside House in Northampton on the market for £28m seeking a 5.47% yield in exchange for a 15-year lease on the property. GVA Grimley is reportedly advising National Grid on the sale. Sphere: Related Content

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