Law firm Mills & Reeve has advised Birmingham City University (BCU) on the acquisition of the top four floors of the New Technology Institute in the city’s Bartholomew Row in Eastside.
The 28,000 sq ft purchase is the city's largest office transaction of the year and will be the location for the university’s administrative function and official head office.
The building will be fully refurbished before the university takes occupancy in September 2014 before the start of the new academic year.
Real estate associate Robbie Turner advised existing client BCU on the acquisition in conjunction with commercial property adviser GVA and Mills & Reeve’s construction team is now advising BCU on the fit-out.
Earlier in the year the firm advised BCU on the relocation of the Birmingham Conservatoire to a new £40 million purpose-built facility in Eastside.
Graham Rhodes, BCU director of estates, said: "Mills & Reeve understood our requirements and the tight timeframe for the move.”
Real estate partner Christian Bull who led the Mills & Reeve team said: “We were delighted to work with BCU again on such a large acquisition.
“Our award winning real estate team has the expertise to help with the whole spectrum of real estate transactions for our clients in the education sector.”
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