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Theale: AEW acquires two properties  

By Dan Teuton
28 April 2016

AEW South East Office Fund has acquired two properties in Theale from Theale Estates for an undisclosed amount.

The recent transaction comprises Commerce Park, a 27,000 sq ft industrial estate arranged across 10 units in two terraces, and multi-let to seven tenants; and Merlin House, a two-storey, detached office building which fronts Brunel Road and provides 39,206 sq ft of office space, the majority of it let on a serviced basis.

Haslams Surveyors and Bray Fox Smith represented Theale Estates throughout while AHBN acted on behalf of AEW.

Roger Reid, associate at Haslams, said: "Commerce Park and Merlin House have always been popular due to their excellent car-parking provision and proximity to Theale train station."

Credit: Co-Star