In 2019, Hines acquired Cribbs Causeway Distribution Centre, a 423,202-square-foot logistics space that is currently subdivided into a refrigerated storage section and conventional stacked storage space. The asset is located adjacent to Junction 17 of the M5 motorway, seven miles north of Bristol’s city center. Cribbs Causeway Distribution Centre is currently vacant following an agreement being reached with the tenant to surrender their lease, in accordance with the business plan. Refurbishment works were completed in Q2 2021.