Centrix Extends Partnership as Abbey Business Centres Takes
15-year Lease at Canada Square, Canary Wharf

Abbey Business Centres announces that it has agreed to take the 28,000 sq ft, 37th floor at One Canada Square, Canary Wharf, London, on a 15-year leasehold agreement.

The space will be used by Abbey Business Centres to provide multi-occupied high quality serviced office space equipment with the latest Avaya technology on a flexible leasing basis.

Canary Wharf is the 13th location that Abbey and Centrix have worked together on and will be the company’s first venture into London’s Docklands.

Julie Calder, managing director, said: “At the moment vacancy rates at Canary Wharf are at an extremely low level, equating to around 2 per cent of the total. We are convinced that there is a strong underlying demand from a variety of businesses for serviced office accommodation on flexible leases at this sought-after location.”

Just over a year ago, Abbey took a lease on 28,400 sq ft of office space over two floors at The Gherkin, St Mary Axe in the City, since when occupation levels have been “extremely high”, according to Ms Calder.
She added: “Following the Gherkin deal, our occupation of a floor at Canada Square extends our current policy of securing quality office space in iconic buildings or prestige addresses.”

Ms Calder said she hoped to announce a further leasehold office agreement – this time in London’s West End – very soon.

Richard Burbage, Sales and Marketing Director said “We are delighted to work with Abbey on such a prestigious project and to see Avaya deployed once again to maximise revenue and attract new clients. As partnerships go, it’s very much a mutually beneficial one and also, I’m pleased to say, one of longevity too”.

About Abbey Business Centres
Launched in Scotland in 1998, Abbey Business Centres is mainly concentrated on central London, around the M25 and along the M4 corridor. There are also centres in Manchester, Glasgow (2) and Edinburgh.

GVA Grimley acted for Abbey Business Centres in the transaction while CBRE and Jones Lang LaSalle represented the landlord, Canary Wharf Limited.

About Centrix
Established to serve the technology requirements of the serviced office sector. Centrix are advisors to the Business Centre Association (BCA) and have helped over 200 UK business centres generate additional revenue streams from technology, Centrix are proud to have worked with Abbey Business Centres for 10 years.

Further information
James Fairlie, Abbey Business Centres. Tel 0207 397 8300
> www.abbeyoffices.com

Richard Burbage, Centrix Limited Tel 0870 1 45 45 45
> Contact Centrix

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