Major office deal completes in Derby
A travel management company has taken space in Pentagon House in Derby in what is believed to be one of the largest office deals of the year.
Agiito has moved into 12,674 sq ft offices in the latest of a series of deals for FHP Property Consultants and joint agents Innes England at the four-storey Pentagon House.
Other recent new tenants include online shopping platform Wowcher and RPS Group.
Mark Roberts of landlord Loxton Developments said: “Some 24 months ago we were hit by a number of lease expiries which coincided with the pandemic resulting in large voids at Pentagon House. It was time to invest in the building and we have not only refurbished all the vacant suites to a high level but we have also invested in the building installing new atrium glazing and EV charging points for our tenants. I am pleased to welcome our new tenants to the building and I wish them every success.”
Darran Severn of FHP Property Consultants said: “There has been good office demand in Derby throughout the first half of 2023 which is evident by the success at Pentagon House. The majority of space within in the city is being let to existing Derby businesses who are either downsizing, upsizing or generally looking to improve the quality of their space.”
Nick Hosking of Innes England added: “Pentagon House has held a long standing reputation of offering the best quality multi-let office accommodation within Derby and it’s been pleasing to see that the recent capital investment into the building has re-enforced this position.
“The recent lettings have highlighted the continued demand for premium quality office space and we expect to see continued healthy demand for the remaining suites going forward.”
