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Bannon confirms 1st industrial sale of 2015

In one the first industrial transactions of 2015 Bannon has completed the sale of Oakwest House in Western Business Park, Dublin 12.

The high spec unit with 12m eaves and excellent loading access extends to 5,232 sq.m (56,312 sq.ft) and was sold with vacant possession.

The building is situated close to the Red Cow interchange amongst a number of high profile occupiers including DHL, An Post and Diageo Baileys Global Distribution.

It was purchased by Exeter Property Group a North America based investment manager specialising in industrial assets. The purchase price of €2.85m equates to just over €50 psf.

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For further information on similar units please contact Niall Brereton, of Bannon today.