Developer eyes mixed-use redevelopment after £13m acquisition
MCR Property Group is looking to develop a mixed-use scheme in Solihull, after acquiring a Solihull office block for more than £13m.
Blenheim Court comprises two office buildings, Radcliffe House and Chadwick House, offering a total of 145,836 sq ft of Grade A workspace. Radcliffe House features 4,000 – 5,000 sq ft office suites, while Chadwick House offers 14,000 sq ft floorplates.
The investor and developer believe that the site could become a mixed-use scheme in the future, and is exploring the option of delivering more than 200 apartments alongside the existing commercial uses.
Tenants at the site include the Secretary of State for Levelling Up, Housing and Communities, Shakespeare Martineau, Legal & General Home Finance and Cadent Gas.
This is MCR’s third major commercial acquisition of 2025, following CityPark in Glasgow and Moorside in York. Over the last 30 years, MCR delivered mid to large-scale projects, achieving more than £5bn in sales transactions.
Martin Brown, fund director at MCR Property Group commented: “Blenheim Court is a standout acquisition for us, not only because of its strong location but also because of the speed and efficiency with which we secured the deal. This transaction highlights the strength of MCR’s model; our ability to act quickly and our in-house asset management team’s immediate integration into the running of the development.
“We are proud to take on this Grade A office complex and look forward to working closely with businesses to provide high-quality, flexible workspace in a fantastic part of the country. At the same time, we recognise the site’s potential for a broader vision, and we will be exploring future opportunities that align with our strategy for dynamic, mixed-use developments.”
Cushman & Wakefield and Knight Frank advised MCR on the purchase, with Harry Abel (Cushman & Wakefield) and Alistair Gray-Campbell (Knight Frank) leading the process.
Savills acted as the selling agent.
Deloitte Legal, led by Daniel Hargreaves, provided legal counsel.
