Cayman: Intertrust and DMS Governance to move into Camana Bay; One Nexus Way, Dart Real Estate’s newest commercial building, is fully leased

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Cayman: Intertrust and DMS Governance to move into Camana Bay; One Nexus Way, Dart Real Estate’s newest commercial building, is fully leased
One Nexus Way

Intertrust, the largest trust and
corporate service provider in the Cayman Islands, will occupy the
top-floor offices of One Nexus Way, Camana Bay’s newest commercial
building, resulting in the building being fully leased.

As anchor tenant, Intertrust will
occupy 20,000 square feet of the mixed-use building. The move –
estimated for early 2021 – will bring 150 team members to the
Camana Bay Town Centre, who will enjoy panoramic views of George Town
and Seven Mile Beach from their top-floor offices, as well as
convenient proximity to the town’s 15 eateries and 40 locally owned
shops and boutiques.

“The Intertrust Cayman team is
excited to make the move to our new office, One Nexus Way,
Camana Bay,” said Nadine Watler-Ritter, managing director of
Intertrust Cayman. “This move aligns with other exciting growth
initiatives in our Cayman business, and we look forward to a modern
and fresh space designed to support our dynamic ambitions.”

Intertrust’s announcement closely
follows DMS Governance’s move to One Nexus Way in mid-August. The
two companies further strengthen the town’s thriving financial
services community, which includes Big 4 accounting firms PwC and EY,
reinsurance firms including AureumRe, Aon and Greenlight RE and the
presence of four of Grand Cayman’s five retail banks with the
recent opening of Butterfield in One Nexus Way at the start of 2020.

“Our decision to
move to the new location of Camana Bay was driven by a desire to
improve connectivity, both in terms of our internal teams who now
enjoy a more flexible, open and collaborative work space and in terms
of an improved location, alongside a thriving financial services
community that includes many of our key business partners,” said
DMS Governance Chief Executive Officer Anne Storie. “For our staff,
this new vibrant and modern location has certainly had an extremely
positive impact on functionality and on the daily working
environment.”

As a mixed-use building, One Nexus Way
is designed with retail and restaurant space on the ground floor,
which includes the recently opened Pane & Pasta, offering
authentic Italian cuisine for dining in, or housemade ingredients to
purchase and prepare at home. Carnivore opened in February 2020,
offering high-quality butcher meats to take home or a deli menu for
those dining in. Workplace Environments will soon be opening a
showroom on the building’s ground floor, and Sportista, previously
located on the Crescent, will bring its sporting goods and activewear
retail experience to One Nexus Way.

“We are thrilled that One Nexus Way
is fully leased, and so quickly following completion. Our team
continues to see active demand for commercial real estate from global
firms,” Dart’s President of Business Development, Jackie Doak,
said. “The Cayman Islands’ lifestyle and quality of life further
contributes to attracting new enquiries. The quality of our
construction and the design of our buildings, as well as Cayman’s
advanced telecommunications systems and Camana Bay’s data security
centre reinforces companies’ decisions to establish a presence
here.

“This consistent demand for office
space shows the distinction and strength not only of Camana Bay as a
business community but the Cayman Islands as a jurisdiction of
choice. We continue to work with our clients to meet demand for
office space given our portfolio of commercial product, and through
pre-leasing our next commercial building at Camana Bay, 60 Nexus Way,
currently under construction and slated for completion in 2022.”

Completed in 2018 and built to LEED®
Gold standards, One Nexus features 82,000 square feet of office,
retail and restaurant space, and shares Helicona Court with the
adjacent 18 Forum Lane. Heliconia Court is the largest of Camana
Bay’s five courtyards, beautifully landscaped and offering shaded
seating for those living in, working in and visiting Camana Bay to
enjoy an outdoor meeting or a peaceful moment. LEED stands for
Leadership in Energy and Environmental Design, and is the most widely
used certification programme that recognises buildings that are
efficient, cost-effective and environmentally friendly.

###

About Dart Real Estate

Dart
Real Estate is a development company based on Grand Cayman in the
Cayman Islands, a British Overseas Territory.

The
company’s flagship development is the 685-acre mixed-use,
master-planned town of Camana Bay, the Caribbean’s first and only
community founded on the principles of New Urbanism.

Dart
Real Estate’s portfolio continues to grow with the addition of
world-class Seven Mile Beach developments, including the LEED®
Silver-certified Kimpton Seafire Resort + Spa, The Residences at
Seafire, The Ritz-Carlton, Grand Cayman, an upcoming five-star resort
and residences, and Paradise Villas on Little Cayman. Dart Real
Estate also manages Regatta Office Park, Flagship Building, Island
Plaza and the Cayman Islands Yacht Club. It developed the residential
neighbourhoods of North Creek and Salt Creek. In addition, the
26-acre Dart Nursery propagates and supplies native plants and trees
for all of its developments and properties.

Dart
Real Estate strives to enhance the quality of life and to create
opportunities for all in the Cayman Islands through purposeful
placemaking, meaningful connections and lasting experiences that
transcend bricks and mortar.

For
more information, visit dartrealestate.com
and
keep up with the latest developments on Linkedin,
and
Twitter.

About Camana Bay

A destination within a destination,
Camana Bay is a vibrant town located in the heart of Grand Cayman in
the Cayman Islands, a British Overseas Territory.

Situated on 685 acres between Seven
Mile Beach and the North Sound, this mixed-use master-planned
community is one of the first examples of New Urbanism in the
Caribbean.

Developed by Dart Real Estate, Camana
Bay offers more than 650,000 square feet
of commercial office and retail space as well as 63 luxury apartments
available for long-term lease, and condos, townhomes and duplexes at
OLEA, Camana Bay’s first for-sale residential project. The town
also offers public spaces for all to enjoy, world-class shopping and
dining, as well as family-friendly entertainment, events and
attractions.

For more information, visit
camanabay.com and keep up with
the latest developments on Facebook
and follow us on Instagram.

Published September 1, 2020

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