Arrow Capital Partners has completed the acquisition of a major logistics facility near Wolverhampton.
The property has been purchased for its Strategic Industrial Real Estate (SIRE) joint venture with Cerberus Capital Management.
Known as Willenhall 300, the asset comprises a total of 304,000 sq ft of logistics accommodation across two units on a secure, large-scale site with extensive yard space.
It includes a high-bay warehouse completed in 2022 with a 17m clear internal height, alongside an established warehouse dating from the 1990s with an 8m clear height.
The property was acquired off-market from Nationworld and is fully let to BJS Distribution Storage and Couriers, a Midlands-based logistics and courier business.
Cormac Dunne, head of real estate, Europe at Arrow Capital Partners said: “This acquisition represents the kind of high-conviction logistics investment we are targeting: a modern, well-specified asset in a supply-constrained area with exceptional connectivity.
“The West Midlands market demonstrates strong occupational fundamentals, underpinned by its central location within the UK’s distribution network and access to a deep labour pool. Securing this asset off-market and fully let to an established operator aligns with our strategy of delivering durable, income-driven returns.”
Arrow Capital Partners continues to actively pursue acquisition opportunities across Europe and the UK, targeting both standing investments and development sites as part of its ongoing strategy.
The transaction was advised by JM+CO and Bulleys Chartered Surveyors on behalf of the buyer, with Goldstein Leigh acting for the vendor.