Multi award-winning commercial property practice M1 Agency is expanding into the East Midlands and North.
Nottingham commercial property agents Matthew Smith and James Keeton are heading the team at the new M1 Agency office, at what is a very exciting time for the business, with a pipeline of schemes that will deliver over 4,000,000 sq ft of space in to the East Midlands markets and in the North.
The agency’s new East Midlands office, based in Nottingham city centre, will operate across a range of commercial sectors with key instructions within industrial and logistics, including HBD’s 39-acre Nottingham, New Horizon scheme and Verdant Regeneration’s 200-acre New Stanton site at J.25, M1, as well as advising on major office schemes including CEG’s 180,000 sq ft East West offices (formerly CityGate) and CSB’s No1 Great Central Square development in Leicester with further schemes to be announced in due course. M1 in Nottingham will also support student and strategic development alongside unrivalled development funding and investment expertise.
The new office is being launched at a hugely buoyant time for the industrial and logistics sector. According to the Office for National Statistics (ONS) there continues to be a massive growth in ecommerce, which is in turn is building a surge in demand for warehouse and logistics space. It has been widely reported that this could drive demand for an additional 92 million sq ft of industrial storage space across the UK by 2024. With its transport infrastructure there is growing demand for warehouse and industrial space across the wider East Midlands.
Matthew has left his role as Head of the JLL Nottingham office and was behind many of the region’s key deals including Nottingham’s HMRC Unity Square acquisition, and Imperial Tobacco site sale, while James as a Director in its Agency team worked on major schemes and developments such as Markham Vale, J.29a M1, Bildurn’s 11 Station Street, Nottingham, No1 Great Central, Leicester and the sale of Nottingham’s Chapel Quarter.
Matthew said: “We’re thrilled to be joining M1 at such a pivotal time for the business, launching a new office to enhance and expand the strength of advice the agency is known for.
He continues. “This is a really exciting new venture for James and I. M1 Agency is a recognised agency and consultancy practice, with an excellent client base. They bring together a powerful brand and team that we are delighted to now be part of.”
James added: “With a focus on leasing, development funding and investment agency, M1 Agency are a highly successful and agile business that deliver both the platform and expertise to grow, combining our respective clients bases to create a new and successful East Midlands office. Having worked together for over 15 years, Matt and I are now raring to go on this next career chapter and already actively looking to expand the team.”
Richard Moffitt, Partner at M1 Agency, added: ‘We have been looking to expand the operational coverage and expertise within the East Midlands and further North following a period of highly successful growth. Matthew and James are two of the highest profile agents with a proven track record within that market place. With the opening of a new office now it will give us the ideal platform to strengthen our position and drive forward our continued growth within these markets.”
M1 Agency East Midlands will operate from a new Nottingham office, delivering agency services, development funding and investment advice across the East Midlands and North.