The RO Group has announced that specialist shipping company, NMT Shipping, has taken space in the RO’s iconic quayside property, 5 Waterside Place in Southampton.
Founded in 1999, NMT Shipping is a highly specialised and leading global Roll on / Roll off (RoRo) shipping and logistics company headquartered in the Netherlands. NMT Shipping provides a service network via 30 dedicated own offices strategically located throughout the world and has representation in more than 50 countries.
NMT Shipping has signed a ten-year lease for 4,494 sq. ft. of prime office space on the first floor of 5 Waterside Place. This agreement comes off the back of a refurbishment of the building, which forms part of Southampton’s Town Quay development. The development incorporates offices, leisure facilities and the Red Funnel terminal from which passengers are whisked over the Solent to the Isle of Wight, contributing to the upbeat and appealing ambience of the area. The building is immediately adjacent to the A33, which is the main thoroughfare through the city, providing excellent road access out of the city.
David Kershaw, Group Real Estate Director, the RO commented:
“We are very proud to have facilitated NMT Shipping’s move to a more representative and fitting location for the company in Southampton: 5 Waterside Place. We are currently investing in refurbishing much of our portfolio and are very pleased with the outcome at Waterside Place. NMT Shipping’s managers, employees and visiting clients are set to enjoy fantastic facilities with stunning views across the marina and the Solent. We wish them every success in their new offices.”
CBRE Advisory & Transaction Service Associate Director, Emma Lockey, who led the transaction commented:
“The refurbished open plan floor plate of 5 Waterside Place, along with the water views and parking, is what attracted NMT Shipping to the site.
“With good access and transport links, Town Quay has proved a popular location with only 4,184 sq. ft. now available on the Ground Floor of 5 Waterside Place. This space has also been refurbished and is available for quick occupation. In addition, we are looking forward to being able to bring 3 Waterside Place to the market, in early 2021, which is a self-contained office building of 22,000 sq. ft. with 50 parking spaces. Waterside Place is one of only a handful of offices in Southampton that sit on the waterfront, making a very pleasant working environment.”
Source: Commercial News Media