News that a property consultancy has secured the sale of an office building in Coleshill, on the eastern fringe of Greater Birmingham, might appear a modest transaction in isolation. But it lands at a telling moment for the UK commercial property market, where office investment has been the most battered asset class of the post-pandemic era. Coleshill's position — a few miles from Birmingham city centre, wedged between the M6 and M42 and within easy reach of Birmingham Airport and HS2's Interchange station — makes it a useful bellwether for how investors are now pricing risk in edge-of-city office locations that were once dismissed as commodity stock.