Key Takeaways
- • Arrow Capital Partners and Cerberus Capital Management completed an off-market acquisition of Willenhall 300, a 304,000-square-foot logistics facility near Wolverhampton, U.K., for their Strategic Industrial Real Estate (SIRE) joint venture.
- • The asset comprises two warehouse units: a modern high-bay facility with 17-meter (55-foot) clear height completed in 2022, and a legacy warehouse with 8-meter (26-foot) clear height from the 1990s, situated on a large secure site with extensive yard areas.
- • The property is fully leased to BJS Distribution Storage and Couriers Ltd., a Midlands-based distribution and logistics operator, providing income stability at acquisition.
- • Strategic location near Junction 10 of the M6 motorway provides direct access to M5, M42, M1, and M40, with proximity to Wolverhampton (3 miles) and Birmingham (15 miles), positioning the asset for strong logistics market fundamentals.
- • The acquisition represents continued capital deployment by the Arrow-Cerberus partnership in U.K. industrial real estate, expanding their SIRE platform's portfolio of logistics and warehouse assets.
Summary
Arrow Capital Partners and Cerberus Capital Management have completed the acquisition of Willenhall 300, a 304,000-square-foot logistics facility located near Wolverhampton in the West Midlands. The property was acquired through an off-market transaction from Nationworld Ltd. for the partners' Strategic Industrial Real Estate (SIRE) joint venture, representing their continued investment in U.K. industrial logistics assets.
The facility comprises two distinct warehouse units with complementary specifications. The primary asset is a modern high-bay warehouse completed in 2022 offering 17-meter (55-foot) clear height, designed to accommodate contemporary distribution requirements. This is paired with an original warehouse facility dating to the 1990s featuring 8-meter (26-foot) clear height. Both units operate on a large secure site with extensive yard areas, providing operational flexibility for logistics operations. The property is fully leased to BJS Distribution Storage and Couriers Ltd., a distribution and logistics business based in the Midlands, eliminating vacancy risk at the time of acquisition.
The asset's strategic location near Junction 10 of the M6 motorway provides critical connectivity to major U.K. transport corridors, including direct access to the M5, M42, M1, and M40. Positioned 3 miles from Wolverhampton and 15 miles from Birmingham, Willenhall 300 serves key distribution hubs in the Midlands industrial region. This geographic positioning aligns with institutional investor demand for U.K. logistics assets benefiting from regional economic activity and supply chain consolidation.
The acquisition underscores the Arrow-Cerberus partnership's strategic focus on mid-market logistics and industrial real estate in the U.K., where institutional capital continues to target assets offering stable tenant covenants, modern specification, and strong logistics market fundamentals.
The facility comprises two distinct warehouse units with complementary specifications. The primary asset is a modern high-bay warehouse completed in 2022 offering 17-meter (55-foot) clear height, designed to accommodate contemporary distribution requirements. This is paired with an original warehouse facility dating to the 1990s featuring 8-meter (26-foot) clear height. Both units operate on a large secure site with extensive yard areas, providing operational flexibility for logistics operations. The property is fully leased to BJS Distribution Storage and Couriers Ltd., a distribution and logistics business based in the Midlands, eliminating vacancy risk at the time of acquisition.
The asset's strategic location near Junction 10 of the M6 motorway provides critical connectivity to major U.K. transport corridors, including direct access to the M5, M42, M1, and M40. Positioned 3 miles from Wolverhampton and 15 miles from Birmingham, Willenhall 300 serves key distribution hubs in the Midlands industrial region. This geographic positioning aligns with institutional investor demand for U.K. logistics assets benefiting from regional economic activity and supply chain consolidation.
The acquisition underscores the Arrow-Cerberus partnership's strategic focus on mid-market logistics and industrial real estate in the U.K., where institutional capital continues to target assets offering stable tenant covenants, modern specification, and strong logistics market fundamentals.
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