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.