Posted on May 13, 2021.
Deals worth £23.5m secure 2 CoStar Awards for West Midlands Top Sales Deals
Franck-Steier Price Ltd (FSP) is delighted to announce that the acquisition of Bromsgrove Retail Park for £13m and the sale of Sandford House, Solihull for £10.5m both featured in Co-Star Quarterly Awards Top Sales Deals for the West Midlands in Q1 2021.
Both deals demonstrate Franck-Steier Price Ltd (FSP)’s expertise and presence in the West Midlands market. Bromsgrove Retail Park, a high quality, well-let investment was acquired for a long-standing client of the business, Colliers Capital. The sale of Sandford House an attractive modern office building, single let to The Secretary of State on a 10 year lease to a private investor comes 5 years after Franck-Steier Price Ltd (FSP) originally acquired the property in June 2015 for AEW.
Andrew Franck-Steier, Director comments “I am delighted to have won both awards, it reflects our strong start to the year, in the first quarter we delivered 11 deals worth £69m, demonstrating that despite tough market conditions for the office and retail sectors, there remains a strong appetite for property investment in the region.”
Please contact Andrew Franck-Steier or any other member of the team if you require any further information.