Mercia Real Estate (“MRE”), the midlands focussed real estate investor and asset manager has acquired a vacant 8,500ft retail and office building on the edge of Solihull town centre.
The building occupies a prominent position at the junction of Poplar Road and Warwick Road.
Samuel Clark, CEO said, “Although retail continues to be challenging we continue to find secondary or just off-pitch investment opportunities and join them up with convenience or destinational led retailers; deploying this strategy we already have a number of offers for the vacant retail space.
The Solihull office market continues to lack supply of quality suites targeted at small businesses and we plan to complete a good quality fit-out in the near future.”
Mercia Real Estate were advised by Frank-Steier Price.