Browne Jacobson’s property team has advised the Homes and Communities Agency (HCA) on the disposal of land at the Advanced Manufacturing Hub (AMH) in Birmingham to German firm Guhring.
The Browne Jacobson team, led by Lisa McGinn and assisted by Mark Stubbs, advised HCA on the sale of 3.5 acres of land to the world’s leading precision cutting tool manufacturer which will see the company develop a 60,000 sq ft R & D and manufacturing facility on the site in Aston.
The development will also see the manufacturer, whose clients include BMW, JLR, Airbus and BAE Systems, create up to 50 new skilled and unskilled jobs.
Guhring, which has been based in Castle Bromwich for 25 years, hopes to move into its new facility by early 2017.
Anne-Marie Simpson, head of area for Midlands Central at the HCA, added: “Guhring’s new site provides the company with the right space, connectivity, workforce and infrastructure to continue its successful track record of development and growth.
""It also enables the firm to further establish itself as a valuable local employer; creating dozens of entry-level and progression opportunities for those who want to develop a career in engineering.”
Browne Jacobson is only one of seven law firms nationally advising the HCA on property development deals. The team, which has trebled in size in the last six years, also regularly acts for developers, investors, corporate occupiers and public bodies such as Inland Homes Plc, UK Mail, University College Birmingham and Heyford Developments.
Last year the team advised the HCA on the disposal of 6.7 acres of land to US hydraulics manufacturer HydraForce for a new 120,000 sq ft factory at AMH which will create an additional 200 jobs.
Lisa McGinn, Property Partner at Browne Jacobson, added:
“We have been advising the HCA on the wider regeneration of areas such as Aston for many years so we are particularly delighted to support the HCA on this high-profile transaction which will create much needed jobs, bring prosperity to the area and strengthen Birmingham’s credentials as a manufacturing, engineering and technological centre of excellence.”