NSM – which previously operated as an in-house management team with a small number of external clients – has been established as a business in its own right as it broadens its offering.
The first letting for NSM is a 10,000 sq ft unit at Vector 31, Rotherham, which has been let to Turners Garage Ltd on a 10-year lease.
- Helical agrees new lettings for London office scheme
- Scottish rental market remains stable
- Average rent in Scotland falls 2.3%
Vector 31 comprises 164,283 sq ft across nine units and the deal with Turners Garage takes the development to 100% let.
Nicky Jones, managing director at NSM, said: “This is an exciting time for the business, having worked with InfraRed for just over one month, we are delighted to have already completed several transactions including bringing Vector 31 back to full occupancy.”
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