CBREIM sell prominent Richmond block

Forge has advised CBRE Investment Management on the disposal of 35 – 40 The Quadrant, Richmond upon Thames.

The property occupies a prominent trading position on The Quadrant, located between Richmond Station and George Street, thus benefitting from consistently high levels of pedestrian footfall.

The ground floor parade provides 5,752 sq ft of well configured retail accommodation and is fully let to four popular national brands: Greggs, Flying Tiger, Flight Centre and Snappy Snaps.

Joe Baio commented:

“We were delighted to advise our client, CBRE IM, on the successful disposal of 35 – 40 The Quadrant. A full-scale marketing campaign generated a competitive bidding process, attracting both domestic and international capital and delivered a strong exit for our client. The transaction reflects the depth of investor demand for well-located High Street assets, even where comprehensive asset management has been delivered, but the long-term fundamentals remain compelling.”

For further information on this disposal, or to discuss Forge’s upcoming sales and investment opportunities, please contact Joe Baio, Jonathan Mills or Georgia Welch.