Published on:

15 November 2022

Updated on:

15 November 2022

Read time:

2 minutes

Office Principles North has completed a £4.5 million office refurbishment in Warwickshire on behalf of FI Real Estate Management (FIREM) - and delivered two CAT B fit outs in the same building.

The former IBM campus in Warwick has been reimagined as The Woods, a flagship CAT A development where over 70% of the 70,000 sq ft building has already been let.

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Office Principles North and FIREM have worked collaboratively to develop an exceptional two-storey office space befitting of the site’s renowned status.

The Woods has been designed with employee wellbeing at its heart and boasts landscaped outdoor green space, EV charging points, state-of-the-art lighting and climate cooling, collaborative working areas, coworking places and a high-end reception and bistro cafe.

In parallel with its delivery of the full landlord refurbishment, Office Principles North has also completed a pair of CAT B fit outs at The Woods.

They include a new 23,293 sq ft state-of-the-art development facility for medical equipment manufacturer, Quanta Dialysis Technologies (Quant DT), which comprises clinical and non-clinical areas, static safe environments and thermally controlled rooms.

A second activity-based space of 9,505 sq ft has been completed on behalf of Europe's leading diagnostic and molecular imaging services provider, Alliance Medical.

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Tina Batham, joint managing director of Office Principles North, said:

“We’re proud to have extended our successful working relationship with FIREM in the delivery of this exciting new workplace destination. The Woods is a sustainably focused refurbishment, with a range of amenities that will cater for the changing needs of businesses in the region.

“Our team has worked at considerable speed to deliver the CAT A development alongside the bespoke design and fit out of two fantastic workplace environments for new occupiers of the building, who have chosen The Woods to continue their business growth.”

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Tim Knowles, Managing Director of FI Real Estate Management commented:

“The completion of this major refurb at The Woods elevates our UK-wide office portfolio and also sees the building reclaim its rightful place at the heart of the West Midlands business community.

“With a strategic focus on wellbeing and welfare, the reimagined space introduces a new office concept to Warwick and will offer businesses and their employees a fresh and invigorating place to work. We’re drawing major interest from businesses in the region and beyond and are very pleased to have already welcomed two major players from the health and pharmaceutical sector to the building. We wish Alliance Healthcare and Quanta Dialysis Technologies and their teams a very successful future here at The Woods.”

“We are thrilled to be relocating our corporate headquarters to The Woods. The new space supports our continued growth and fosters a collaborative work environment,” added Alejandro Galindo, Quanta CEO.

“We look forward to this exciting chapter and to welcoming employees and customers to the new space.”

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