Office letting achieves peak rent
The Triangle pavilion office scheme within NG2 Business Park in Nottingham has consistently attracted high quality tenants since first inception, and when the ground floor suite of 2,000 sq ft became available within this unit, Tim Harries and Partners oversaw a high quality refurbishment on behalf of its trustee clients and quickly concluded a new letting to Staffline Group at a rental level some 80% higher than previously. Notably, the deal restored the rent to its pre-recession peak and on the back of this letting, the firm also re-geared and extended the lease with the occupier of the first floor on conforming terms
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