The asset management consultancy firm, Currie & Brown, has taken 12,000 sq ft at the business park which is located on the Eurocentral junction of the M8 in Lanarkshire.
Maxim has agreed to a significant rent free period with the tenant due to receiving funding from Lloyds and tax incentivised enterprise zone investors. This means that they are able to provide long interest free periods, as the pressure to repay is far less than with typical development funding models.
Serviced Office Provider, Regus, are set to open a base at the business park in May 2010. The park’s developer, TAL CPT Land Developments, will be offering further free rental periods on the more substantial deals, which could be offered for as much as 8 years. The Maxim site contains 10 buildings ranging from 60,000 sq ft to 187,000 sq ft.
The CEO of Maxim, Karen Campbell commented “I’m delighted to have Currie & Brown coming to Maxim and bringing high calibre jobs into the local area. This demonstrates that Maxim, with its excellent public transport and strategic position in Scotland, is attractive to high quality companies such as Currie & Brown. This latest letting further underlines the growing commercial momentum that we have been generating at Maxim. As the market continues to improve I believe we are ideally placed to roll out our vision of becoming one of the UK’s key business destinations. This will play a positive role in enhancing both the local Lanarkshire and Wider Scottish economies”.
Currie & Brown UK Chief Operating Officer, Andrew Loudon said “In Scotland we have a significant and growing business. Glasgow and Edinburgh are very important markets, embracing both public and private sectors. This move aligns with our clients’ requirements as we help them identify key issues within their overall asset management strategy. The whole aim is to assist in improved operational efficiency and closer working together”.