KWB Birmingham commercial property agents have sold an office building on Birmingham Business Park, which it previously surveyed, acquired, refurbished, let, managed, cleaned and advised on the business rates, in a series of transactions which involved nearly all the departments of the multi-disciplinary practice.
KWB’s office agency team advised Quartz Investments on the sale of its freehold investment in 1320 Solihull Parkway, a 26,000 sq ft office building on Birmingham Business Park in an off-market transaction.
Only 18 months previously, KWB’s office agency and building surveying departments advised Quartz Investments on the purchase of the office building.
KWB Property and Asset Management took over the management of the offices, collecting rents and service charges, and maintaining the fabric of the building. KWB Corporate Cleaning was appointed on a contract to provide office cleaning services for the common areas, and KWB’s rating department managed and reduced business rates payments for the new landlord.
Earlier in 2017, the office agency team let 20,774 sq ft of office space on the ground and first floors to BCA Logistics, in what was then the largest office transaction of 2017 in the Solihull and M42 corridor market.
KWB Workplace, KWB’s independent interior design, office fit out and move management consultancy, project managed the landlord’s office refurbishment for the ground floor and common areas and the specification and fit out of 20,774 sq ft of office space on the ground and first floors for the incoming tenant, BCA Logistics.
Nigel Tripp, Director of KWB, said: “1320 Solihull Parkway really was the perfect deal for KWB and shows that we have one of the most comprehensive and integrated services offered by any Birmingham commercial property agents. Our client benefited from all our teams working together, reducing the amount of management time spent on this investment.”
For further information on any of KWB’s commercial property services, call 0121 233 2330.