Investment
January 10, 2022
2 minutes read

Garden City Business Park Almost Full After Closing Nairobi’s Largest Commercial Space Transaction

CCI and Max International combined are occupying 60% of Garden City Business Park’s almost 200,000 square feet of lettable space.

Garden City Business Park is now at 93 percent occupancy following the CCI Group of companies, a leading Business Process Outsourcing (BPO) provider, and nutrition supplements distributer Max International leasing office space at the business park.

The two multinational companies becoming tenants at Garden City Business Park represent the largest combined commercial lease transactions in Nairobi’s office market space during the pandemic.

Garden City’s management said that the major commercial agreements show that there is pent-up demand for high quality Grade A offices in an integrated mixed-use development which is complemented by the accessibility to retail and residential facilities, especially as the economy returns to normalcy.

“The COVID-19 period which limited movement creating demand for properties that are easily accessible and offer a mix of retail and residential offerings in an outer city location. As we return to normalcy, we are seeing this demand continue to grow. Mixed-use developments such as Garden City will influence Nairobi’s future skyline,” said Ciru Okobi, Commercial Director Garden City.

CCI and Max International combined are occupying 60 percent of Garden City Business Park’s almost 200,000 square feet of lettable space.

The Garden City Business Park is IFC Edge certified, a green building certification system for emerging markets created by the International Finance Corporation offering significant savings in water electricity to the tenants.