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News Release

Nottingham

Chapel Quarter lands latest occupier


JLL Nottingham James Keeton Chapel QuarterNottingham, 28th January 2014 - One of the largest mixed use developments in Nottingham City Centre, Chapel Quarter on Maid Marian Way, has secured its latest tenant and is now fully occupied with the letting of 15,700 sq ft offices to web design and marketing business Adtrak LLP.

 

The deal will see Adtrak occupy the remaining vacant office space in the building, which is also being linked in to the former Tonic bar and restaurant, to create a unique workplace for the business. Work has already started on the conversion, with the business expected to move in March.

Adtrak currently employ 80 people in the city and the move to new premises will enable them to not only significantly enhance their client experience, but also move forward with the rapid expansion plans that will hopefully see over 100 people employed from the offices initially.
 

Chapel Quarter is prominently located at the top of Maid Marian Way in the heart of the business district and is one of the largest mixed use schemes in the City. The building is now fully let with office occupiers including Thomson Reuters, Global Radio/Capital FM and Barclays. Restaurant and leisure occupiers include M10 Fitness, ASK, Mr Manns, Fat Cat, Las Iguanas and Holiday Inn Express.

James Keeton of Jones Lang LaSalle, Nottingham acting for the landlord on the building commented:
 
“We managed to come up with an innovative solution to meet the requirements of Adtrak for a city centre location by combining two very different spaces to deliver the volume of space required, whilst at the same time, maintaining their requirement for high quality office and ancillary space.
 

"Chapel Quarter already has a high quality of tenant mix and this will be very much complimented by the arrival of Adtrak. Their proposals will create unique office space in the city and a true reflection of the ethos of the business.”

James Longden on behalf of the landlord added:
 
“We are delighted to welcome Adtrak to Chapel Quarter and to be able to retain them in the City Centre.  Since our purchase of the building with our Kuwaiti JV partners, we have focused on maintaining and improving the high quality of Chapel Quarter and the strong tenant mix. Chapel Quarter offers what is arguably the best space in the Nottingham market and the letting to Adtrak is testament to this.
 

Following the letting to M10 Fitness in late 2012, the assignment of the Fat Cats restaurant to Edward and Moore and Adtrak, the building is now fully let. This latest letting will not only benefit the building, but the wider Chapel Bar area, bringing additional employment in to this already vibrant location”

Adtrak were represented by property consultants FHP, with James Hartley commenting:

“When Adtrak first approached us looking for a new office space, we knew that what they were looking for was going to challenge our acquisition skills to the full. Given the nature of what they do, they were after something unique that would stand out from the crowd. The space also had to be big enough to house their rapid expansions plans. It was not going to be easy.
 
Luckily enough, given our involvement in Chapel Quarter, we knew there was such an opportunity lurking in the Nottingham office market. With the kind of imagination and flare that Adtrak rely on in their day to day work, they were able to see what the combination of a traditional office mixed with a restaurant could offer them with the right amount of refurbishment work.
 

I can’t wait to see the space finished I think that it is going to offer Chris and his staff a fantastic working environment and something that their clients and visitors will only be impressed by.”