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Redeem Moves HQ to Pyramid Business Park

wantspacegotspace.co.uk - Redeem Moves HQ to Pyramid Business ParkScottish electronics recycler Redeem Ltd has opened a major new headquarters at Pyramids Business Park in West Lothian, making it West Lothian’s second largest commercial property letting within the past 12 months.

Redeem Ltd, recently named as the UK’s 41st fastest growing company by Sunday Times Fast Track 100, has signed a 10 year lease with landlord Mountgrange Real Estate Investment to occupy 10,740 sq.ft of office accommodation in the Pyramids Business Park.

The company’s relocation from Falkirk will enable the business to continue its rapid growth and help to meet its ambitious targets of reaching £150 million in revenues over the next five years through organic growth and acquisitions. The business currently employs nearly 150 people across its operations in Scotland, England and Hong Kong.

Set in 93 landscaped acres, The Pyramids Business Park provides 19,237 sq m (207,067 sq ft) of office accommodation and 12,815 sq m (137,941 sq ft) of distribution space. The environment provides first-class working conditions, with on-site facilities including its own gym, restaurant and dedicated car parking.

The Pyramids Business Park is also home to Plexus Corp, Inland Revenue, DRS and Quintiles.
Redeem Limited were unrepresented. Jones Lang LaSalle and Ryden acted for Mountgrange Real Estate Investment.

Craig Watson, Associate Director at Jones Lang LaSalle commented: “As the second largest commercial property letting in West Lothian in the last 12 months, this transaction is great news for the region. The decision by a fast growing business such as Redeem to establish its Scottish HQ in West Lothian should provide a positive influence on other businesses considering a move to the area.

“The Pyramids Business Park provides Redeem with exactly the right quality of office space, located right in the middle of Scotland’s largest two cities. The fact that Pyramids has secured the two biggest transactions in West Lothian over the last two years underlines the desirability of the accommodation and its location.”

Posted by The Editor (wantspacegotspace) on 20th July 2013 (updated 29/07/2013)

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