The Regus Group News

Regus Inks Lease Deal to Open a New Center in the Cherry Creek Area of Denver

DENVER, July 24 PRNewswire-FirstCall — The Regus Group (LSE: RGU), the world's largest provider of fully furnished and equipped offices with 950 locations in 70 countries, today announced that it has signed a lease agreement to open a new center in the Cherry Creek North area of Denver. The new center will be located at 100 Fillmore Street, Suite 500.

The term of the lease is 120 months and Sturm Realty Group, LLC is the landlord for the project. The 15,000 square foot Regus center will feature 64 offices, 142 workstations and two conference rooms. CB Richard Ellis represented Regus in the transaction and Frederick Ross Company represented the landlord.

100 Fillmore is a nearly 90,000 square foot Class-A office building that is part of a mixed-use development. The building is surrounded by more than 300 galleries, boutiques, restaurants and salons/spas throughout Cherry Creek North. The new Regus center will be within 10 minutes of downtown and 30 minutes of Denver International Airport. Its new Cherry Creek center will be Regus' 12th Denver metropolitan area location.

"The completion of this transaction allows us to add a key trade area in the Denver market to our rapidly expanding portfolio," said Michael Berretta, Vice President of Business Development for Regus. "The unparalleled amenities that Cherry Creek has to offer make it an extremely attractive location."

Berretta added, "We're confident that the high quality development combined with excellent demographics and the ideal location of the center will all contribute to making our newest Denver area center very appealing to businesses of all sizes and industries."

"We are pleased to welcome Regus to 100 Fillmore and to Cherry Creek. Regus will provide an important amenity to our office complex and to the entire area," said Evan Kline, President of Sturm Realty Group.

Regus offers its clients a number of benefits including: the freedom to grow, downsize, or expand their business to another geographic location with minimal disruption; simple, one-page contracts; one, fixed monthly price, that includes everything they need to run their business; state-of-the-art IT; and a global network of more than 950 locations that allow members unlimited access to Regus business lounges worldwide.

Every day Regus provides more than 400,000 clients worldwide with flexible and cost-effective workplace options to meet their specific needs. Whether using a fully furnished office, a virtual office that provides clients with a local business address, meeting rooms or videoconferencing facilities, businesses working with Regus are able to establish an immediate presence at prime business center locations such as the Cherry Creek center.

About The Regus Group

The Regus Group is the world's leading provider of pioneering workplace solutions, with products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the largest network of videoconferencing studios. The Regus Group delivers a new way to work, whether it's from home, on the road or from an office.

Clients such as Google, GlaxoSmithKline, IBM, Nokia and Accenture join thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to The Regus Group, allowing them to focus on their core business.

Over 400,000 clients a day benefit from Regus Group facilities spread across a global footprint of 950 locations in 400 cities and 70 countries, which allows individuals and companies to work wherever, however and whenever they want to.

For more information, visit http://www.regus.com.

SOURCE The Regus Group

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