Padlock Is Comprised Of Industry Leaders With A Track Record Of Creating Long-Term Investor Value. Our Strong Executive Team Has Over 100 Years Of Experience, Each Bringing A Unique Perspective In The Asset Management, Acquisition, Disposition, Financing And Operation Of Commercial Real Estate. It Enables Us To Consistently Deliver Superior Results And Support Our Investors Achieve Their Goals.
The Fund continues to source and acquire both existing and development self-storage and mixed-use properties in the UK. Padlock intends to generate positive risk-adjusted returns across all market environments.
Watford Property
Existing warehouse in London MSA converted to self-storage in 2023
Dynamic location in an underserved market
Approximately 55,000 net rentable square feet of storage is currently available, with an additional 20,000 available for fit-out upon the store’s stabilization
Market has exhibited strong demand, granting the store an exceptionally fast lease-up pace
Woking Property
Existing warehouse in London MSA converted to self-storage in 2023
Expansion also added to existing building
Highly prominent location in dense catchment area just outside the M25
Practical completion of construction has occurred, with c. 51,000 SF available for lease out of a planned 63,000 and fit-out of the remaining space currently ongoing
Brighton Property
Trading self-storage property in a dynamic market with high barriers to entry
Freehold expansion currently underway is set to bring the store to 23,800 net rentable square feet by the end of 2024
Existing storage building exhibiting strong rental rates and stabilized occupancy
Brighton is an affluent commuter town with high national rankings in education, quality of life, and income
Seaford Property
Long leasehold property in very underserved market with extremely high barriers to entry
Site has been expanded and fit-out for self-storage, opening for business in late 2023
Highly prominent location and the only Class A self-storage facility in the area
24,600 SF of rentable self-storage across two floors
Southend-on-Sea Property
Freehold four-storey building in busy Southend coastal market
Dynamic roadside and prominent neighborhood location
Internal conversion to Class-A self-storage facility occurred in late 2023 with more storage continually becoming available
32,500 SF of rentable storage
Ground floor occupied by a grocery store, which drives foot traffic and interest