TBA, developer of the Autostore software brand of solutions for warehouses, ports and terminals worldwide, has signed a lease to occupy a 22,000 sq ft office building in Leicester.
The move to larger premises represents a substantial investment in the future of software development for TBA and confirms the company’s commitment to Leicester.
TBA is moving from its existing base in Blaby to Lancer House, on the Braunstone Industrial Estate just two and a half miles from the city centre.
With direct ties to several Leicestershire based universities, TBA Leicester anticipates this move will facilitate increased focus on and capacity for its programmes for graduate trainees as well as attracting experienced IT professionals.
TBA will carry out a complete refit of the interior of Lancer House, which will be the central location for the team responsible for supporting all deployments of Autostore software worldwide.
Once the refit is complete, TBA Leicester employees will enjoy purpose-built facilities aimed at encouraging creativity and innovation. This will include a software demonstration room, a variety of break-out spaces and amenities.
TBA is leasing Lancer House from Leicester-based property investment and development company Rotherhill Developments.
Rotherhill managing director Paul Bagshaw said: “We have spent £1.5 million refurbishing the building for TBA so that it meets their exacting standards.
“It is great that we have been able to deliver a property suitable for a hi-tech software developer, which enables them to remain in Leicester where there is a shortage of suitable top-quality space.”
TBA was advised by local chartered surveyors and commercial property specialists Mather Jamie.
Alex Reid, director of Mather Jamie, said: “We worked closely with TBA to identify their property needs in relation to their rapidly growing team.
“The impressive refurbishment undertaken at Lancer House shows how updating a vacant property to grade A specification creates opportunities for companies looking to move to secure, high-quality premises.”
TBA Leicester managing director, Andrew McKaig, said: “This move represents a great vote of confidence in the team and will provide employment opportunities for many people in the region.
I’d like to thank all parties involved in helping us create and deliver a fantastic working environment for leading-edge software development.”