Acting on behalf of London & Scottish Investments, the Asset Manager for Regional REIT Limited, NG let the substantial warehouse Colwick 80 following a period of intense marketing.
The new tenant Cync UK Ltd is opening a new division in Nottingham as well as continuing to operate from bases in Loughborough and Leicester into the 80,107 sq ft cost-effective facility in Colwick.
Before Cync UK moved in, pro-active Asset Manager, London & Scottish Investments undertook a programme of bespoke improvements on behalf of Regional REIT and upgrades to bring forward the letting.
Richard Sutton Director at NG worked closely with Alastair Cumming at London & Scottish Investments, to make the deal happen and is delighted with the outcome. He said:
“This was a complex deal to pull together but we had the ideal clients in L&S, they went the extra mile to make sure Colwick 80 was perfect for Cync. They are landlords who aren’t afraid to roll up their sleeves and do what it takes to make a deal happen. They understood Cync’s needs and accommodated them all.
“This is one of the larger industrial lettings in Nottingham this year and we are proud to have made it happen.”
Alastair Cumming from London & Scottish Investments said:
“It was great to work with the NG team as we felt they were fully behind the project from day one. They showed real tenacity to make the deal happen for us in what can still be a difficult market. I’m sure we will be working with NG on other projects in the not too distant future.”