AXA Investment Managers has put its Downing Street Industrial Estate in Ardwick, Manchester, up for sale.
The Paris-headquartered asset manager has appointed CBRE to market the opportunity, which is priced at £11m, representing a 4.27% net initial yield.
Downing Street industrial estate is located close to Manchester City Centre and can be accessed via either the Mancunian Way or the A6 Stockport Road. The 75,000 sq ft scheme spans across nine facilities, comprising office, warehouse and logistics spaces.
