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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

Trio of property deals at Blythe Valley Park

A trio of property deals have been secured at Connexion II on Blythe Valley Park in Solihull.

Pre-lets have been agreed with Solotech UK Group and Reeley, with the third deal completing within two months of practical completion to a confidential occupier.

Solotech UK is a professional audio and video services firm and has taken occupation of a single unit totalling 50,835 sq ft.

Solihull-based Reeley, an independent supplier of components for lifts, escalators and stair lifts, has taken a 42,765 sq ft unit, with both firms agreeing new ten-year leases. The third unit totals 25,599 sq ft.

Connexion II comprises three speculatively built units, developed by IM Properties on behalf of landlord Frasers Logistics & Commercial Trust. The scheme reached practical completion in February.

Property agencies Savills and CBRE acted on behalf of Frasers Logistics & Commercial Trust.

Daniel Rudd, associate in the Birmingham industrial and logistics team at Savills, said: "This is the ideal place for these occupiers as they seek to enhance their local operations.

"Given the ongoing lack of supply across the region, it comes as no surprise that the whole scheme had strong early interest and pre-lets have been achieved on two of the units with the final unit completing shortly after practical completion."

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