Titan House towers over Telford as ‘best in class’ building attracts two new major tenants
Creating the “best in class” office building in Telford has resulted in two major lettings for Birmingham-based Real Estate Investors plc (REI).
The two lettings at Titan House, totalling 16,580 sq ft, mean that there is now only one floor remaining – now fully refurbished with a Grade A specification and an EPC rating of B.
REI has invested over £1 million to refurbish the building, giving Titan House superior energy credentials to other commercial buildings in the locality. The work supported a number of jobs in the local economy in Telford.
Spa Medica has taken the 8,290 sq ft first floor on a ten year lease. The Bolton-based business is one of the leading providers of NHS eye patient services and in 2018 became the largest NHS cataract surgery provider in the UK.
The third floor of 8,290 sq ft has been taken by Bohomoon on a five year lease. Founded in 2014, Bohomoon was established to provide affordable jewellery and has now grown to offer over 1,000 products.
The news follows the completion in March 2023 of a comprehensive Category A refurbishment programme to the first, second and third floors, including extensive cosmetic improvements to the WCs, common area, reception, external approach and car park.
Project managers Propitas were led by Lewis Antill and REI were represented by Richard Bradbury at Bulleys Bradbury and Mark Robinson of BNP Paribas. Donna Barnes at law firm SHMA acted for REI.
Jack Sears, asset manager at REI, said: “We are delighted to welcome Spa Medica and Bohomoon on board.
“Together, REI and our professional teams, have helped create and let what is the best in class office building in Telford, and the results speak for themselves.”
Details of the remaining second floor space are available from Richard Bradbury at Bulleys Bradbury and Mark Robinson of BNP Paribas.
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For further information, please contact:
Jack Sears, Asset Manager, Real Estate Investors plc, 2nd Floor, 75/77 Colmore Row, Birmingham B3 2AP
0121 265 6406 or 0121 212 3446
Prepared and issued by ASAP – mobile, 07990 978257
About Real Estate Investors Plc
Real Estate Investors Plc (REI Plc) is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.5 million sq ft of commercial property, managed by a highly experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.
The Company’s strategy is to invest in well located, real estate assets in the established and proven markets of central Birmingham and the Midlands, with income and capital growth potential, realisable through active portfolio management, refurbishment, change of use and lettings. The portfolio has no material reliance on a single asset or occupier.