Airport Property has sold the Maxwell’s engineering factory at 12 Manhattan Street, Airport Industria Montreal Drive Extension, Airport City, Cape Town, to ALS (African Logistics Services) Properties (Pty) Ltd. African Logistics Services provides international freight forwarding & logistic solutions to worldwide organisations and is one of the leading South African-based freight forwarding logistics groups. You can read more about ALS here .
This solid industrial property measures 2000m² on a site of 3000m² . The property has been converted from a factory to a warehouse.
Airport Property, Cape Town’s Airport Property specialist concluded the the sale between a private property owner and AlS at a selling price of R11,25 Million EX VAT.
Airport Property let this 12 Manhattan Street, Airport Industria, to UTI, who have now become DSV, in 2014.
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