IM Properties rolling programme of investment in Mell Square has attracted tech innovator – SOTI to the recently completed offices at St Alphege Place, situated above the new Carluccio’s.
Taking all three floors (9,142 sq ft) of the Grade A office scheme, SOTI is relocating staff from Cranmore and sees the new location as the next step in the company’s UK expansion plans.
St Alphege is the first new build speculative office scheme in Solihull for a decade, and its swift letting so close to practical completion is testament to both the quality of the development and strength of the town centre offering.
Rob Hemus from IM Properties is delighted its £3M investment in the new scheme is paying off, which also prompted Italian restaurant and deli chain, Carluccio’s, to sign up early and demonstrates the local property company’s commitment to improving the quality of mix at Mell Square.
“Solihull is renowned for attracting both global and UK based companies,” says Rob. “SOTI was drawn to the strong amenity offer in the town centre as it looks to grow its business and retain and attract top tech talent.”
“Ever increasing competition to retain and attract the best talent means occupiers need the right mix of quality space and working environment if they are to thrive. SOTI clearly shares in our vision and we are delighted to work with them to further expand their footprint in Solihull.”
As a global player in enterprise mobility with headquarters in Canada, over 17,000 customers worldwide count on SOTI for their business critical mobility needs. The company opened their first UK office in Solihull in 2009, and continues to grow at a record breaking pace.
Nassar Hussain, managing director of Europe from SOTI added, ”Our roots in Solihull continue to expand, and we are thrilled to offer our growing workforce a larger space full of world-class amenities for both work and play. We are keeping ahead of our competition thanks to the hardworking and talented community around us in Solihull, and look forward to this next chapter in our history.”
St Alphege provides flexible accommodation, incorporating open plan office areas, with full height double glazed windows, which provides a high level of natural light.
JLL director, Kelvin Craddock, agent on St Alphege said:
“IM Properties is seen as a savvy investor and has consistently invested in Mell Square, being the first to push the button on new-build offices in the town centre.
“Their speedy letting gives a real boost to the local office market and is an encouraging sign as they get set to launch 45 Poplar Road – which will deliver 36,000 sq ft of high quality office space and will be refurbished on a pre-let basis.”
IM Properties acquired Mell Square in 2013 and has since, significantly expanded its offering, spending £4 million on current projects and a further £28.5 million worth of investment in additional properties.
CBRE advised SOTI.
