Columbia Threadneedle has sold a distribution centre occupied by Superdrug in South Elmsall, West Yorkshire, to Arrow Capital Partners.
The 296,000 sq ft warehouse was acquired from clients of Columbia Threadneedle Investments for more than £17m.
The single-let facility, which serves as a key location for Superdrug’s supply chain servicing the north of the UK, was acquired for Arrow’s strategic industrial real estate joint venture with Cerberus.