Q-Park Signs 35 Year Lease Agreement with The Mailbox
Q-Park, one of the UK’s leading parking operators, has today announced a 35 year lease agreement with Birmingham’s premier shopping, office and lifestyle destination, The Mailbox. Dedicated to better parking, Q-Park stands for ‘quality in parking’ and is known for its high-end, secure, clean, well-managed and technologically-advanced parking facilities across Europe.
Following a competitive tender process, award-winning Q-Park was appointed by Mailbox to deliver all elements of the building’s 24-hour 687 space car park.
Q-Park will introduce a new state-of-the-art parking management system, as well as its renowned range of convenient services such as shoe shine machines, jump starter kits and complimentary umbrella and buggy hire.
Online pre-booking will be made available shortly to Mailbox visitors, along with the award-winning loyalty app, Q-Park Rewards.
Alex Wright, Associate Partner at Brockton Capital LLP, comments: “We’re delighted to announce Q-Park as the car parking provider at the Mailbox for the next 35 years.
“Q-Park’s ethos and level of service is the perfect fit for the Mailbox’s discerning customers and will complement our selection of high quality offices, retailers, restaurants and bars”
Adam Bidder, Managing Director at Q-Park UK & Ireland, adds: “We are thrilled to announce this important new addition to the Q-Park portfolio which supports our growth strategy in the UK.
“The Q-Park brand is synonymous with quality parking and to be able to deliver this at such an iconic location within Birmingham is an exciting prospect for us. We’re looking forward to working with the Mailbox team and tenants to help deliver a seamless high quality customer experience!”
Q-Park will take over the Mailbox’s car park operations from 10th September 2018.
CBRE provided transaction advice to Brockton Capital. The legal advisers were DWF for Q-Park and CMS Cameron McKenna Nabarro Olswang LLP for Brockton Capital.
Q-Park is an international parking company, focused on value development by providing high-quality services in purpose-built parking facilities and off-street parking at strategic locations. Q-Park's activities focus on providing services related to parking at targeted locations: in or near multifunctional inner-city areas, at public transport interchanges and at hospitals. We supply services that fulfil customers’ demands, and their need for convenience, reliability and hospitality.
Q-Park arrived in the UK in 2001 and is now one of the UK’s leading car park companies with 60 car parking facilities housing some 50,000 parking spaces in key locations in the UK with over 15 million visitors every year. (Including Aberdeen, Birmingham, Cardiff, Croydon, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester, Nottingham, Reading, Sheffield and York.)
About the Mailbox
The Mailbox is Birmingham’s premier shopping, office and lifestyle destination with exclusive stores, waterside restaurants, cafes, bars, luxury Everyman cinema, hotels, office accommodation and 24 hour secure parking.
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