IN Brief:
- Arrow Capital Partners has acquired the 304,000 sq ft Willenhall 300 logistics facility near Wolverhampton.
- The site includes a 17m clear-height high-bay warehouse completed in 2022 and an older 8m clear-height warehouse.
- The asset is fully let to BJS Distribution Storage and Couriers.
Arrow Capital Partners has acquired Willenhall 300, a 304,000 sq ft logistics facility near Wolverhampton, for its Strategic Industrial Real Estate joint venture with Cerberus Capital Management.
The site comprises two warehouse units on a large, secure plot with extensive yard areas. The newer high-bay warehouse has a 17m clear height and was completed in 2022, while the original warehouse dates from the 1990s and offers an 8m clear height.
Willenhall 300 was acquired from Nationworld Ltd in an off-market transaction and is fully let to BJS Distribution Storage and Couriers, a Midlands-based distribution and logistics business. The facility sits within one of the UK’s most important distribution regions, with access to the M6, M5, M42, M1, and M40 supporting national road connectivity.
The acquisition reinforces investor appetite for well-located logistics assets in constrained UK markets. Modern distribution space remains difficult to secure in many established corridors, particularly where occupiers need yard depth, labour access, motorway links, and building specifications that can support higher-throughput operations.
The West Midlands continues to hold a structural advantage because of its central position within the UK road network. For national distributors, 3PLs, retail operators, manufacturers, and parcel networks, the region can support both linehaul and regional delivery requirements. Available buildings with modern height, secure yards, and strong access remain attractive, even as wider property markets face higher financing costs and more selective capital deployment.
The mixed specification at Willenhall 300 also gives the site operational flexibility. High-bay modern space can support denser storage, racking, automation, and more efficient cubic use, while older supporting space can still serve cross-dock, overflow, returns, workshop, or lower-intensity logistics functions. For occupiers with varied customer profiles or stock types, that combination can be more useful than a single uniform shed.
Logistics property is no longer judged only by floor area. Occupiers increasingly assess clear height, yard ratio, power availability, automation readiness, vehicle circulation, ESG performance, labour catchment, and resilience against local congestion. Those features affect operating cost as much as rent, because vehicle turnaround, automation suitability, and staffing reliability shape daily performance.
The Midlands property market has also been attracting major operational investment, including M&S’s £340m automated food logistics build. Retail, fashion, parcel, food, and industrial distribution networks continue to favour sites that can serve national routes without forcing operators into weaker transport geometry.
For investors, fully let logistics assets offer income visibility, but location and specification still determine long-term resilience. Demand for weaker secondary sheds can soften when occupiers rationalise networks or push for automation-ready facilities. Assets in stronger corridors with clear upgrade potential are better placed to remain relevant as operating models change.
Willenhall 300 sits inside that practical middle ground: established logistics location, large secure site, modern high-bay capacity, and an existing occupier. The deal underlines how UK warehousing demand is becoming more selective, but not weaker in the locations that still solve real distribution problems.