A 16-acre industrial park in Leeds has changed hands in a £25 million deal.
Total Park, brought forward by Total Developments, has been bought by life and pensions company ReAssure Ltd. It includes four let units. Total acquired the site, in the Aire Valley east of Leeds city centre, in 2018.
Edward Chantler, chief executive, said: “The disposal of Total Park Leeds represents an important milestone for us. Pontefract Lane was the first acquisition of our revised urban logistics strategy, where in 2018 we refocused towards sites in close proximity to the top 20 towns and cities by population density, specifically locations with unfettered motorway access.
