Realis Estates has completed the sale of Highgate Middleway Retail Park in Birmingham to Paloma Real Estate for an undisclosed sum. Realis purchased the property, which is located to the south east of Birmingham City Centre, from Cerberus Holdings in July 2015
The entire 35,320 sq ft of retail warehouse space is leased to expanding homewares retailer Better Bathrooms, which opened on 26 December 2015 and also benefits from 136 car parking spaces.
Duncan Mathieson, Managing Director of Realis Estates, said: “Completing the sale of Highgate Retail Park is a great start to 2016 and a key part of our corporate strategy moving forward.
It is an excellent property, which we have no doubt will be a valuable addition to Paloma’s growing property holdings.”