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Karlin Adds to UK Portfolio

LONDON—The Los Angeles-based firm, which entered the UK market in August, recently picked up two properties—a industrial building on 21 acres, and two story office building.

By David Phillips | Updated on December 27, 2013

LONDON—Karlin Real Estate has expanded its UK commercial portfolio with the acquisition of a distribution building in Ellesmere Port and an office building in Solihull in transactions totaling approximately $29.4 million (£18M).

Karlin acquired Phoenix, a 405,365 square-foot industrial building leased to Jaguar Land Rover Ltd, from Property Fund Manager, Highcross.  Built in 2001, the building is situated on a secured 21-acre site. The property is located within the Hooton Park Supplier Park along River Mersey and is served by the Port of Liverpool. Knight Frank represented Karlin and Cushman & Wakefield advised the seller. 

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