Birmingham serviced office complex acquired in new deal

Lonsdale House
A Birmingham serviced office complex has been acquired by property investors in an off-market deal. MCR Property Group has purchased Lonsdale House, Blucher Street, from London and Scottish to expand its commercial portfolio. The 1960s block, which comprises 33,000 sq ft of office space spread over five floors, is close to The Mailbox. The property had been advertised at a guide price of £3.5m. Lonsdale House is fully let, with current occupancies expected to end in December 2018. Iain Stott, of MCR Property Group, sai... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...