Acting on behalf of Kier Ventures Ltd, we have acquired a headquarters’ at Blythe Valley Business Park.
Kier instructed us to identify and acquire a prime HQ building to accommodate two subsidiaries occupying separate buildings within the West Midlands.
Grade A premises acquired
Tungsten, a 23,000 sq ft grade A building on Blythe Valley Park was selected as it best met the client’s objectives of a well located building which was configured to enable greater collaboration between the subsidiaries.
Savings in excess of £500,000 secured
The relocation from two other buildings generated substantial operational savings and we negotiated a significant reduction in the purchase price saving Kier Ventures Ltd well in excess of £500,000.
Andrew White, Development Director at Kier commented: “Lambert Smith Hampton carried out a thorough search for us to find a home for two of our companies that would also provide us with a prime investment in the future. We had limited choice but fortunately we managed to secure what we wanted at a very good price.”