Strettons Complete Purchase of Specialist Industrial Agency
Strettons is delighted to announce the purchase of specialist industrial agency and development consultancy, Frankis Porter. As part of the deal, company co-founder Jim Frankis will join Strettons as a consultant, focusing on industrial agency and development, bringing his considerable experience to Strettons.
The move signals Strettons' intentions to further grow its thriving industrial department, led by Director, Neal Matthews. The firm will expand and improve its industrial coverage from its core markets of north & east London, Essex and Hertfordshire into the Home Counties, East Anglia and the East Midlands, supported by the expertise of Jim.
Amidst the increasing importance of the industrial sector and subsequent rise in values, Strettons’ purchase of Frankis Porter enables the company to maximise opportunities within the industrial and warehousing markets. The combined team will benefit from the growth in the logistics sector and will make use of both firm’s traditional transaction base with Frankis Porter’s big shed expertise complementing Strettons' largely urban industrial focus.
Commenting on the deal, Strettons Industrial Agency Director Neal Matthews said: “I am delighted to welcome the expertise of Jim to our team and I look forward to working with him. With consistent growth in the industrial market and increasing demand in London and surrounding counties, we will be able to capitalise on opportunities and our combined expertise to provide excellent service to our industrial clients.”
Frankis Porter’s current client base will become part of Strettons. Jim Frankis will manage existing clients with assistance from Strettons industrial department.
Jim Frankis comments: “The deal is an exciting opportunity for me and one which will provide a unique service to our clients. I am looking forward to combining my 25 years of industrial experience with those of Neal Matthews and the Strettons team and playing an important role in the further growth of Strettons.”
ABOUT FRANKIS PORTER
Frankis Porter was established by Jim Frankis and John Porter in 2009 as a specialist industrial agency and development consultancy. The firm acted for property developers, investors and funds as well as manufacturing and warehousing logistics occupiers within London, Essex,
East Anglia and the Home Counties. The firm has completed substantial transactions and has acted for a number of major companies including Aviva, DPD, Viridor, CBRE Global Investors, AXA REIM, Roxhill Developments, The Duchy of Lancaster, Howdens, Wincanton, BEIS and Redefine International.
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