Warwickshire-based Redford Developments has sold a two-acre car storage facility in Erdington, North Birmingham, to global information management firm Iron Mountain.<\/p>\n
The site had been brought back into use as a storage facility for national dealership Paul Rigby, acting on behalf of Volvo, and is sold with a 10-year lease in place.<\/p>\n
Richard Mees, chief executive of Redford Developments said: \u201cEgerton Road is situated within an established and well-connected industrial zone, to the north of Birmingham and just 1.6 miles from Junction 5 of the M6. There were several potential new uses and occupiers, and we are pleased to have negotiated a lease with the Paul Rigby car dealership, together with the subsequent sale of the site to Iron Mountain.<\/p>\n
\u201cThis deal illustrates the value of income-producing assets, whilst bringing vacant land back into use also has considerable safety benefits for the surrounding community. There are many other vacant land parcels around North Birmingham that we are keen to discuss with landowners and their agents.\u201d<\/p>\n
James Clements, partner of Box4 Real Estate said: \u201cWe were pleased to bring the Egerton Road site to market and support Redford Developments through this disposal. Well-located industrial land that has been successfully repositioned and income-producing continues to attract strong investor demand across the market.\u201d<\/p>\n
Redford Developments originally purchased the brownfield site from GKN in 2025. The company specialises in strategic planning and promotion of previously developed land with residential or commercial potential, including refurbishment and redevelopment of non-income producing sites.<\/p>\n
Recent projects include the Charles Green Residences in Birmingham\u2019s Jewellery Quarter, delivering 39 apartments and commercial space for sixth-generation jewellers Charles Green, and a former commercial property in Farnham, Surrey, converted into a specialist pickleball and padel centre following a \u00a32.75m fit-out.<\/p>\n","protected":false},"excerpt":{"rendered":"
The two-acre car storage facility was brought back into use for national dealership, Paul Rigby<\/p>\n","protected":false},"author":266702,"featured_media":2110550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"coauthors":[127717],"class_list":["post-2110549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-coventry-and-warwickshire","tag-featured-story","tag-greater-birmingham"],"yoast_head":"\n