Benson Elliot sells in Ealing

Benson Elliot has sold 1-8 The Broadway in Ealing town centre portfolio to Pramerica Real Estate Investors.

CoStar reports the deal is worth £37.4m.

1-8 The Broadway was formerly known as The Arcadia Centre, and was the subject of ambitious plans by Glenkerrin before they went n to liquidation. The 27-unit centre is being converted in to three units all with street frontage with deals signed with Morrisons, TK Maxx, and McDonalds. Work should complete this autumn.

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