Following the £4 million redevelopment of East West on Maid Marian Way in Nottingham, seven new tenants have leased close to 50,000 sq ft of office space.
Equifax has taken 19,045 sq ft across the entire 5th floor, partnering with CEG which is delivering the bespoke fit out on their behalf. Classroom software company, Impero, has taken 3,345 sq ft and Turner and Townsend a 4,260 sq ft office.
As well as letting space to project management company, Faithful & Gould, CEG has also managed and delivered the bespoke fit out of new office space for Worldwide Clinical Trials group (10,500 sq ft).
A further two tenants are taking up CEG’s well-established, high-quality, flexible offer Let Ready, which provides serviced workspace, which offers the ability to grow your business from 3 to 3oo people without changing address. Pick Everard has taken a 1,991 sq. ft office and KPMG has moved into the 3rd and 4th floor of the building.
A spokesperson from Worldwide said: “Providing contemporary and flexible workspace for our employees was essential as we return to the office and East West offers a great environment. It is one of the best office developments in Nottingham, with fantastic onsite facilities as well as being an easy walk to the city centre enabling sustainable commuting choices.”
CEG recently transformed the flagship East West development to deliver 175,000 sq ft of best-in-class workspace. The adjacent Toll House pub has been integrated into the development, providing a café bistro and business lounge offering a variety of spaces to eat, meet, drink and work with access to WiFi and plug in points.
This first phase of redevelopment has created a striking new reception area to the east building, as well as improvements to the glazing, lighting, heating and ventilation and new cycling facilities, showers, drying room and lockers.
Alex Goode, investment manager at CEG, said: “East West has been transformed to respond to businesses wanting healthy, sustainable and productive space that will help to attract and retain the best talent.
We are delighted to welcome seven new tenants and, although the building is so popular, we do have some suites from 1,900 to 9,000 sq ft available over the coming months, ready for bespoke fit out, the costs for which can be managed as part of the flexible rent package to reduce an occupier’s capital outlay.”
As well as CEG’s innovative approach to leasing, delivering more flexibility, the company’s Core and Flex model allows a business to expand and contract within the space. This helps to manage uncertainty, as well as company growth, seasonal demand and the effects that social distancing will have on office requirements.
East West offers an on-site Life team, dedicated to making occupier’s lives easier and healthier. They, along with the dedicated app, will help to create a more collaborative and productive community, be it booking meeting rooms, arranging dry cleaning, organising events, bike maintenance or fitness classes, to local shopping and activity discounts.
Centrally located on Maid Marian Way, East West is home to Nottingham Trent University, Arup, JLL, Scape Group and RSM.
FHP is marketing the building on behalf of CEG. Mark Tomlinson, Director at FHP said: “We continue to see strong demand for the very best quality office spaces with many occupiers now seeking to improve the quality of their office environments. Supply of good quality office space in Nottingham is low and East West stands alone in its ability to offer its Tenants a superb onsite business lounge café for informal meetings, hosting client events, staff breakout and workspaces. I’m delighted to say that we are due to bring forward more space within the building in 2023.”