New operator enters Midlands flex office market with seven-figure acquisition

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A flexible workspace operator has bought a 25,481 sq ft office at East Midlands Airport.

M1 Agency along with joint agents Andrew & Ashwell completed the vacant possession disposal of Osprey House (formerly occupied by National Grid) on behalf of Custodian REIT.

Osprey House is a three-storey headquarters office building that was sold in a seven-figure deal.

Toby Wilson, surveyor at M1 Agency who managed the disposal, said: “The office market has had its challenges to navigate more recently as occupiers adjust to changing staff behaviours and increasing use of technology. We have seen heightened demand for very high quality space with enhanced amenities and flexibility at the core of all decisions.

“Osprey House boasted good existing specification, with strong connectivity to J24A M1 and the wider

 link source - The Business Desk

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