PAGG Properties acquires Crewe office building
PAGG Properties has acquired a 21,000 sq ft office building in Crewe from Pochin’s for an undisclosed sum.
Located on Electra Way in Crewe Business Park, Electra House comprises a two-storey self-contained building offering accommodation on three wings. Working in a joint venture with the council and Business Link, Pochin’s developed the scheme in the late 1980s before purchasing the scheme outright.
Legat Owen acted on behalf of Pochin’s and is to be retained by PAGG Properties as sole letting and managing agent. The building is currently fully let to occupiers including Medtrade Products and Block Solutions.
PAGG Properties is run by the former Pochin’s property director Brian Reay.
Reay said: “I have maintained a close working relationship with Pochin’s and am pleased to acquired Electra House off-market. The building was developed to act as a seedbed for businesses and it has been highly successful in that regard.