Office space in Coventry recently refurbished by Real Estate Investors, the Birmingham-based property investment company, has been leased to a communications software provider.
Metaswitch Networks Ltd has agreed a five-year lease on the 3,520 sq ft premises at Brandon Court, based around two miles east of Coventry city centre near to Binley Business Park, and adjacent to the A46 Coventry eastern bypass.
Ian Clark, asset management director at REI, said: “We’re delighted that our investment into the refurbishment of Brandon Court has immediately paid off with this new lease agreed with Metaswitch Networks.
“The deal means that the whole of Brandon Court is now full which reflects the strength of the rental market for such properties.
“To meet this demand we have recently achieved planning permission for a new build at the scheme which will be going ahead in the next few months.”
Drake Howard acted for REI.