Chancerygate and Bridges Fund Management has completed a 34,500 sq ft leasing deal with housing association Metropolitan Thames Valley Housing, taking its business park in Beeston to full occupancy.
The housing association agreed a 20-year lease at Waterfront House, the park’s 91,895 sq ft grade A office building, with the joint venture earlier this year.
The 220,274 sq ft Beeston Business Park in Nottingham also includes three industrial units totalling 128,379 sq ft and a 0.71-acre development plot.
Last summer the jv signed web hosting company GoDaddy for 26,800 sq ft for office space at Waterfront House.
The industrial buildings are occupied by accident and repair manufacturer AW Repair Group and electronics manufacturer SMS.
Rory Finnan, head of asset management at Chancerygate, said: “Metropolitan Thames Valley Housing’s letting at Waterfront House is one of the largest in Nottingham over the past three years, which is testament to the quality of both the office space and the advantages the location offers.”
Simon Ringer, head of property funds at Bridges, added: “Beeston Business Park has been a great success for our jv and an important regeneration project within the Nottingham Enterprise Zone.”
Innes England and FHP are the joint letting agents for Beeston Business Park.
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