New tenant for offices
AutoRek signs up as Garment Factory fills fast
Garment Factory: filling rapidly following refurbishment
AutoRek, a provider of financial, operational and regulatory reporting and control software, has been confirmed as the latest occupier for The Garment Factory, a contemporary office development in Glasgow’s city centre.
The city-based company, which also has offices in Edinburgh, London and New York, is doubling the space in its current Bath Street premises by taking the entire fourth floor, comprising 8,385 sq ft, on a ten year lease at a rental of £24 per sq ft.
The Garment Factory is a category ‘B’ listed building located at the corner of Ingram Street and Montrose Street in the Merchant City Central Conservation Area providing 47,382 sq ft of retail and design-focused office space over seven floors.
A recently completed £6million refurbishment project at the building, by developer Castleforge Partners, involved combining the restoration of the original features, including exposed ceilings, steel and brickwork, wooden flooring and ornate staircases, with the introduction of contemporary finishes throughout to provide a 21st century workplace.
Gordon McHarg, managing director at AutoRek, commented: “After years of sustained growth we are excited to confirm we are moving our Glasgow team to The Garment Factory, a fantastic building in a great location.
“We have achieved considerable business success over the past few years which has led to the need to significantly expand our operations. Our new space in The Garment Factory will offer us the larger premises we need to accommodate this growth.”
Tim Jacobsen, a partner at Ryden, letting agent, said: “The building is now 50% let, just three months after completion of the refurbishment project. We are also in talks with more occupiers regarding other floors in the building.”
Deli, shop and restaurant The Wilson Street Pantry is the new café operator for The Garment Factory and will start trading next month.