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as latest signing totals 45,000 sq ft in past six months
NOTTINGHAM January 23 2018 – JLL has successfully secured c.45,000 sq ft of office lettings in the past six months at City Gate, Nottingham, making it one of the top performing buildings in the city.
Having attracted a number of high profile occupiers including HD Decisions, part of Experian and Domestic & General, the success story is set to continue as further deals are expected to complete imminently.
City Gate, Nottingham is formed of East and West buildings, positioned slightly differently in terms of offer, situated in a prime city centre location on one of the main gateways into Nottingham, at the top of Maid Marian Way.
Both buildings benefit from one of the largest and most flexible floor plates in the city, combined with immediate access to city centre amenities and public transport infrastructure, which is an ever increasing priority for companies looking to retain and recruit the best talent.
James Keeton, director at JLL said: "We are extremely pleased to be able to accommodate and retain the expansion of these sizeable employers in Nottingham and at City Gate.
"The real USP's of City Gate are for occupiers to take large chunks of space on single floors, combined with a heart of city centre location. Ample car parking and market competitive pricing has also been key in its recent run of success.
"Due to its scale, City Gate has also enabled some occupiers to expand internally once they are a tenant, mitigating against high costs of relocation and staff disruption, offering some element of future proofing and contributing to the success and appeal of the buildings."
James added: "Going forward, whilst a lack of new Grade A stock remains prevalent in the market, offices such as City Gate offer very credible alternatives, with a flexible and accommodating approach and have consistently continued to perform.
"This is reflected by a strong occupier mix, with top tenant names including RSM, Scape, Regus, Nottingham Post and NTU."
Connectivity also plays a crucial role in attracting lettings and again City Gate ticks the boxes for being close to bus, tram and rail links, and is only a 15 minute walk from Nottingham railway station.
JLL act as joint agents with Geo Hallam.
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