Motorway access proves big draw in industrial market

After the summer lull, transactions are moving briskly in the auction rooms

Unit 2 Baldonnell Business Park: sold prior to auction last month and had been guiding €2.5 million
Unit 5 Baldonnell Business Park: guiding at €3.3 million

Industrial properties close to the M7 and M1 motorways are attracting increased interest from investors, occupiers and developers following a relatively quiet summer in the industrial lettings market.

The big deal of recent months was Tetrarch Capital’s purchase of 336 acres at Millennium Park in Naas, Co Kildare ...