About McGuinness Waddington Real Estate
McGuinness Waddington Real Estate is a niche commercial property advisor that specializes in the Greater Midlands industrial and logistics markets. On March 31st, 2022, McGuinness Waddington Real Estate was acquired by Carter Jonas. Terms of the transaction were not disclosed.
Latest McGuinness Waddington Real Estate News
Apr 4, 2022
Property consultancy Carter Jonas makes Birmingham acquisition Carter Jonas has acquired McGuinness Waddington Real Estate (MWRE) and welcomed the firm's two founders as partners 12:31, 4 APR 2022 Pictured (L-R) are Nick Waddington, Caroline Penn-Smith, Adam McGuinness and Scott Harkness Sign up to FREE email alerts from BusinessLive - West Midlands - articles, insight and analysis straight to your inbox every morning Something went wrong, please try again later.Invalid Email Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribing!We have more newsletters Show me See our privacy notice National property consultancy Carter Jonas has acquired a West Midlands firm as part of its plans to strengthen its presence in the region. The firm has bought industrial and logistics agency McGuinness Waddington Real Estate Ltd (MWRE) which is based in Birmingham's Colmore Row. As part of the deal, MWRE founders and industrial experts Nick Waddington and Adam McGuinness have joined Carter Jonas as partners. The duo has more than 45 years of combined experience advising numerous developer, investor, landlord and occupier clients. The pair will be based out of Carter Jonas' Birmingham office at Two Snowhill, working alongside Caroline Penn-Smith, who joined the firm as a partner in 2018 to expand its commercial operations in the Midlands. Scott Harkness, head of commercial at Carter Jonas, said: "It is a pleasure to be joining forces with Nick and Adam as we welcome them to our growing team. Recognised as leaders in their field, we seized the opportunity to attract them to join our industrial team. Both Nick and Adam have played a key role in shaping the landscape of the region's industrial market and are renowned for their expertise and personable approach. "Despite the challenges of the last two years, we see investment in people and our ability to deliver a stronger and broader commercial service offering for clients nationally as key to our future success. Alongside our existing team, I look forward to working with Nick and Adam and harnessing their insight and knowledge of this vibrant and diverse market. "As we continue to grow the transactional arm of our business, our Birmingham office provides an excellent platform to increase our reach across the UK, sourcing new opportunities and forging new service lines." Sign up for your free West Midlands newsletter and follow us on LinkedIn Email newsletters BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire. Nick Waddington said: "After six phenomenal years MWRE had reached a natural cross roads much sooner than Adam and I had expected, with the approach from Carter Jonas coming at an opportune time. We believe this is a natural fit for the two businesses in terms of our respective client and land relationships which we will work to further expand the Carter Jonas commercial agency offering." Adam McGuinness added: "Nick and I are looking forward to joining the Carter Jonas team and will be working to unlock opportunities for both our existing and new clients not only in the Midlands but throughout the UK. "The industrial and logistics sector continues to outperform the rest of the UK property market and there appears to be little sign of this changing in the near future. Availability of land is going to be key and we feel we are now even better placed to service this demand." Carter Jonas established a Birmingham office in 2016 with a team of 12.
McGuinness Waddington Real Estate Frequently Asked Questions (FAQ)
When was McGuinness Waddington Real Estate founded?
McGuinness Waddington Real Estate was founded in 2015.
Where is McGuinness Waddington Real Estate's headquarters?
McGuinness Waddington Real Estate's headquarters is located at Victoria House, Birmingham.
What is McGuinness Waddington Real Estate's latest funding round?
McGuinness Waddington Real Estate's latest funding round is Acquired.
Who are the investors of McGuinness Waddington Real Estate?
Investors of McGuinness Waddington Real Estate include Carter Jonas.