Stanley Motta snags insurer Canopy as tenant in new commercial building

 




Stanley Motta Limited, a commercial and BPO real estate developer, has announce that Canopy Insurance has become the first tenant to fully occupy and operationalize its newly completed Unit 1 building at 58 Half-Way Tree Road.

Canopy Insurance is a technology-driven Jamaican insurance company in the life and health insurance sectors.

Occupying the entire seventh floor, Oliver Tomlinson, CEO of Canopy said on May 6, “We’re thrilled to be the first tenants to fully move into Unit 1. This space reflects the growth, ambition, and modern culture of Canopy. Stanley Motta and the Felton Property team have gone above and beyond to deliver a space that’s not only operationally efficient but inspiring.”

Stanley Motta Limited is a publicly listed company that owns 58 HWT, a major business process outsourcing and technology park in the Caribbean. 58 HWT sits on five acres of prime land at the nexus of Half Way Tree and New Kingston and consists of over 300,000 square feet of recently constructed commercial office space.

Most of 58 HWT’s rental space is leased to tenants under triple-net leases denominated in United States dollars.

Construction of its Unit 1 building kicked off in January 2023, with management previously revealing a US$12 million price tag for the complex.

The new headquarters was designed by Synergy Design Studio, featuring interior architecture that prioritizes “wellness, productivity, and brand expression,” Stanley Motta outlined.

The space includes client consultation room, an open office area, private executive offices, a wellness-focused lunch room and sick bay, and advanced IT infrastructure.

Unit 1 is also designed with long-term environmental sustainability in mind, featuring enhanced insulation, rainwater harvesting systems, and plans for a Building Management System (BMS).

Caribbean Money Daily

Photograph from jseza,com. Stanley Motta, Half Way Tree.

Comments

Popular posts from this blog

Kintyre makes US$300,000 investment in Sevens Ice

BCMG increases risk management oversight: Launches surveys-as-a -service

Wish List: University Hospital CEO seeks top-flight CFO for turnaround miracle