Intercounty Properties have gained consent for a development of 4,000 sq m at Pride Park Derby. Work will commence early in the New Year with completion expected for autumn 2008.
Over half the space has been pre let to a national Serviced Office Operator who will operate from one of only a few bespoke Grade A office buildings in the UK created specifically for the sector.
The deal was brokered by the industry specialists Serviced Office Sales, part of SOS Worldwide PLC. The managing Director Douglas Green commented “These are exciting times for the Serviced Office industry with a number of national players keen to upgrade stock and open new centres in key locations. Pride Park is now an established core office location in the East Midlands and a bespoke building is a sought after trophy”
Intercounty are putting together a portfolio of Serviced Office Centres in the UK to be managed by National Operators. Current sites include Oxford, Welwyn, Sheffield and Farnborough.