MRE acquires unbroken Sutton Coldfield parade

Mercia Real Estate (“MRE”), the midlands focussed real estate investor and asset manager has acquired the freehold interest in an unbroken parade of retail lock-up shops in Sutton Coldfield, Birmingham from a Cambridge College, exchanging contracts within three days of acceptance of their offer.

The parade which is prominently located along a main arterial route into the town has significant value-add asset management opportunities which the firm hopes to unlock through their period of ownership.