One of Brindleyplace’s highest profile tenants has extended its lease until 2021.
Orion Media, the company behind BRMB – soon to be Free Radio – has signed a new seven-year lease at Nine Brindleyplace that will take effect following the completion of the current contract, set to expire in 2014.
The new lease is one of the first deals done by Brindleyplace’s owners Hines Global REIT and Moorfield Group (Moorfield), which acquired most of the estate in the summer of 2010.
Igor Mathias of Hines, said: “Nine Brindleyplace is an exceptional building, and through ongoing work such as the scheduled refurbishment of the reception area, we intend to maintain its fresh, contemporary feel. We are extremely pleased Orion Media will be extending its lease and are now looking forward to working with Orion Media both now and into the future.”
Phil Riley, chief executive of Orion Media, said: “As a high-profile media organisation, our location fronting onto Broad Street is absolutely perfect. This building offers an outstanding level of quality and as we were keen to consolidate a number of our other services into one location, extending our existing lease at Nine Brindleyplace was the logical step.”