We’ve signed an agreement with the world’s leading operator of flexible workspaces, International Workplace Group (IWG) to bring its globally recognised Regus brand to 3 Centro Place on Pride Park, one of Derby’s most prominent business locations.
The three-storey office building totals more than 13,000 sq ft and sits in a high-profile spot at the junction of Pride Parkway and Derwent Parade. We completed the deal on behalf of our landlord clients. The building will be overseen by Celvista, trading as Regus under its partnership agreement with IWG plc.
This letting supports IWG’s continued expansion across the Midlands, as demand for flexible, high-quality workspace grows. The new Regus site will offer a modern working environment with excellent transport links and on-site parking.
Nick Hosking, director at Innes England, said: “Pride Park remains one of the region’s strongest performing business parks and this letting reflects the continued demand for well-located, high-quality workspace. We had strong competitive interest in the building, and we are pleased to bring IWG’s offering to Derby as part of its national expansion plans.”
Manny Singh, managing director of Celvista, the IWG plc franchise partner leading the new site, added: “We’re proud to launch Regus in Pride Park and to provide serviced, flexible workspaces to this sought-after business hub. Our development will provide accessible and modern private offices, meeting rooms as well as co-working spaces to an area once only accessible to more established businesses. Our goal is to provide an environment for all companies to thrive – from startups, growing organisations and multi-national businesses.
“This is a prime location that offers the connectivity and quality that modern businesses are looking for. With demand continuing to rise for hybrid work solutions, we’re confident this space will become a valuable asset to Derby’s business community.”
Paul Hinchliffe, partner and solicitor at Nelsons, said: “Nelsons and Innes have acted for our landlord client for decades, and it has been a pleasure working with Nick to complete the legals and re-let the property so soon after the previous tenant vacated. I am grateful to Bev Merrill at BHW Solicitors for her common sense and pragmatic approach to acting for the tenant in this transaction, and I’m looking forward to seeing how IWG refits the property to become a co-working space.”
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