HBJ Gateley Wareing advises on development purchase
BIRMINGHAM law firm HBJ Gateley Wareing has advised Opus Land on its deal to acquire Omega Park in Erdington.
The ten-acre Omega Park, a mixed-use development on the former GKN site on Chester Road, has planning consent for 193,245 sq ft of office, distribution and industrial units and will be developed in conjunction with Palmer Capital Development Fund.
Senior associate in the Birmingham office of HBJ Gateley Wareing, Andrew Mellor, said it marked one of Birmingham’s most significant commercial real estate deals so far this year.
“This is a significant deal, bringing investment and jobs to north Birmingham, ” he said.
Henley-in-Arden-based Opus Land is behind some of the region’s major commercial and industrial development schemes including Opus 9 at Wednesbury, Opus Axis at Burton-on-Trent and Opus 40 at Warwick.
Development Director Gareth Williams said: “With help from HBJ Gateley Wareing we have been able to turn around this major deal in a relatively short time frame. Their support of our goals and flexible approach helped us to conclude an important deal which will bring jobs and investment to Erdington and the surrounding areas ofnNorth Birmingham.”
