The sites include: Albion Industrial Estate, West Bromwich; Summit Crescent Industrial Estate, Smethwick; Windsor Industrial Estate, Aston; Kings Road Industrial Estate, Tyseley; Wedgnock Industrial Estate, Warwick; Griffin Business Park, Solihull; and Dunton Industrial Estate in Nechells.
Johnson Fellows’ initial task is to secure tenants for 20 vacant units across the portfolio, which range in size from 2,500 sq ft to 130,000 sq ft.
Mike Price, partner at Johnson Fellows, said: “The instruction is the largest for the industrial department since it was set up 18 months ago. I would anticipate demand from automotive-related companies as well as SMEs from the logistics and distribution sector as many of the sites provide easy access to the motorway network.”
As part of the project, Johnson Fellows has already secured a letting at Kings Road Industrial Estate in Tyseley. Neely Transport has signed a three-year lease for an 11,340 sq ft warehouse unit.
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