Oxenwood Real Estate and Mulberry Developments has sold a 75,500 sq ft warehouse in Devon to transport, warehousing and distribution specialist Gregory Distribution.
Gregory Distribution will move into the warehouse when refurbishment works are completed in early autumn.
The warehouse is part of the 390,000 sq ft former British Ceramic Tile factory, which Oxenwood and Mulberry bought out of administration in September last year. The former factory is being split into three or four units to form PowerPark 38.