Urban warehouse scheme planned for Erdington

By Liza Helps, Property Editor Logistics Matters

THE FORMER automotive component manufacturing site on Chester Road, is the partnership’s largest acquisition to date. It will be developed for a 300,000 ft2 industrial and logistics scheme spread across 26 leasehold units ranging in size from 5,000 to 60,000 ft2 with a gross development value of £85m once completed.

Chancerygate development manager Rob Watts said: "Acquiring what is regarded as one of the most prominent sites in Birmingham is a huge statement of intent for our partnership with Bridges and underlines our strong belief in the urban logistics sector.

"There is unsatisfied demand for high-specification units in prime locations within the city. We aim to address this through the regeneration of a redundant building into new grade A sustainable accommodation which is fit for purpose for a range of prospective occupiers."

Chancerygate and Bridges were advised on the site acquisition by NRC Associates and Gerald Eve. Knight Frank advised the vendor.