Media group snaps up Jewellery Quarter office space
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A media group has purchased more than 4,000 sq ft of office space in the Jewellery Quarter in a deal brokered by commercial property agency Bond Wolfe.
Fenice Media has paid £550,000 for neighbouring office suites at 137 Newhall Street.
The offices total 4,063 sq ft and are based on the lower ground floor, with direct access to a secure gated car park at the rear.
Fenice Media operates Corporate LiveWire, which provides business professionals in travel and law with information on the latest news and developments around the globe.
James Mattin, managing director – agency at Bond Wolfe, said:
This sale is reflective of a growing trend in the market set by current office tenants who are looking to own their own space.
Newhall Street is set so central to Birmingham city centre, and has the added benefit of secure allocated parking spaces.
It is well connected to the wider region while being surrounded by the array of amenities that come with city centre surroundings.
Fenice Media received legal advice from Anees Rehman at Eddowes Perry & Osbourne Solicitors, while Andrew Jones at Wright Hassall acted for the undisclosed seller.