Maven & Colmore join forces to acquire eight industrial units

We are delighted to announce a joint venture with Birmingham based Colmore Capital to acquire eight industrial units in Willenhall, east of Wolverhampton.

Maven and Colmore have acquired the properties, which total to 43,751 sq ft of industrial space, and are located in Strawberry Lane Industrial Estate and in Key Industrial Park, both within a few hundred yards of each other. The units are predominantly let to the country’s leading manufacturer of heated towel rails, designer radiators and accessories. 

The acquisition will capitalise on robust demand for industrial space in the West Midlands, and Wolverhampton in particular. Industrial rents in this region have grown rapidly in recent years, reaching an average of £7.20 per sq ft, and with over 25 million sq ft of space, Wolverhampton is among the largest markets for industrial space in the UK.


The wider Wolverhampton and Black Country area is a popular location for occupiers, with a high density of local businesses, strong transport links, a skilled labour force, and well-established supply chains. These attributes make it an attractive location for industrial units, supporting high occupier demand and efficient UK-wide distribution. The area’s established commercial ecosystem and logistics infrastructure also offer long-term value and resilience for investors.

“We are very pleased to partner again with Colmore Capital, an experienced and multi-disciplined asset manager, on this exciting joint venture. Demand for high quality industrial space in the West Midlands continues to grow, and the acquisition of these eight light industrial units near Wolverhampton provides access to the sector for Maven investors. With a well-established track record in UK property investment and active asset management, Maven is well positioned to deliver value from this portfolio while supporting regional economic growth.”

Ben Aspell of Maven Capital Partners

“We are delighted to have successfully acquired this portfolio in the West Midlands, a region that continues to demonstrate strong demand and resilience as an established manufacturing and logistics hub. This acquisition aligns with our long-term strategy to expand our footprint in key regional markets, and we look forward to unlocking further value through active asset management and investment.”

Matt Grainger of Colmore Capital