Orchard Street letting to Regus at Pinnacle, Crawley
23 July 2012
Orchard Street Investment Management, the specialist commercial property investment manager, acting on behalf of St James’s Place wealth management has completed the letting of the top two floors of Pinnacle in Crawley.
The global workspace provider Regus has increased its offer in Crawley Town Centre by agreeing a lease over 11,000 sq ft. Pinnacle's prime town centre location opposite the main railway station was a key factor in the decision.
Crawley has had a good run of demand so far this year and the lettings agents, Stiles Harold Williams and Colliers International are confident that further lettings will follow soon. The remaining three floors (5,550 to 17,685 sq ft) in the Grade A air conditioned building are being marketed.
Orchard Street Investment Management’s Richard Walters commented as follows:
"We are delighted to have secured Regus as our first tenant at Pinnacle. We look forward to announcing further lettings as we fill the rest of the building."
Philip Papenfus of Colliers International commented:
"Crawley/Gatwick has seen a good resurgence in take-up this year and it is positive that Regus are expanding their operations in the town centre"
END
For more information:
Dido Laurimore/ Talia Shirion
FTI Consulting
+44 (0)20 3727 1000
osim [at] fticonsulting.com
Notes to Editors:
Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £4.2 billion of AUM (as at 30 June 2022). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.