Tuesday, February 24, 2009

News: More tenants secured for Magna 34 in Rotherham

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Loxley Land and Property and Jaguar Estates' £31M Magna 34 Business Park at Templeborough in Rotherham has secured four new tenants to its BREEAM "good" rated office accommodation. The four companies, two relocations and two start-up organisations, are occupying 40% of the A06 Office Building which was launched towards the end of last year as part of Phase 1 of the 19 acre park. Grayson (GB) Ltd purchased 3 of the industrial units totalling 7,500sq ft just weeks after their completion and the latest tenant to move in is B2B telecommunications provider Duocall Communications. Since their establishment in 2007, Duocall Communications has doubled its number of employees and has grown its turnover from some £200,000 in year one to circa half a million. They have relocated from Eastwood Trading Estate in Rotherham as part of their expansion strategy. Director of Duocall Communications, Phil Coley, said; "The business has gone from strength to strength in the last two years and we wanted new office space from which to service our nationwide client base. Magna 34 provides an excellent working environment for our existing team and will undoubtedly assist us when recruiting new staff." Eldon Stevens, Property Manager for Loxley Land and Property added: "The service office option that we are offering at Magna 34 has proven to be very attractive for companies looking for flexible, hassle-free operations set-up. This combined with the sustainable, sleek office and meeting room space that we have taken great care in designing offers a unique product within the locality." Agents for the scheme, GVA Grimley and Knight Frank, are handling significant interest in the park.
Magna 34 website

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