Office take up in quarter four, 2015 in the central Birmingham office market totalled 212,449 sq ft in 30 deals as scheduled on the spreadsheet below.
When added to the 102 deals totalling 758,009 sq ft recorded in the first three quarters of the year, the 2015 year-end total take up amounts to 970,458 sq ft in 132 deals.
This compares with:
713,460 sq ft in 148 deals for 2014
664,147 sq ft in 128 deals for 2013
500,955 sq ft in 133 deals for 2012
The 2015 outcome represents a new record take up level for the central Birmingham office market eclipsing the previous high recorded in 2008 of 886,889 sq ft. At over 300,000 sq ft above both the 5 and 10 year averages, the enhanced activity can be attributed to a strong indigenous occupier base that has been complemented with further significant inward investment activity from the likes of HSBC, Advanced Computer Software and Extra Energy.
Address | Area | Size (sq ft) | Landlord | Tenant | Letting Agent |
3rd Floor, Mclaren, 46 Priory Queensway | Core | 5,750 | Bruntwood | Sigma Communications Ltd | JLL / Cushman & Wakefield / GBRPB |
Part 12th Floor Quayside, Broad Street | Fringe | 3,068 | Shantou Invesco Ltd | Alstom | JLL / Colliers |
Part 2nd Floor, 11 Waterloo Street | Core | 1,236 | Nurton Developments | Pacific World Ltd | JLL / CBRE |
Part 2nd Floor, 5 Lower Temple Street | Core | 935 | Hortons’ Estate Ltd | Studio Figura Ltd | JLL / GBRPB |
7 Ansty Court, Caroline Street | Fringe | 1,628 | Grange Securities | Fellows Constrction Consultants | Mason Young |
Lombard House 6th Floor Front | Core | 5,005 | Dunedin | Pulse | BGVA / LSH |
4 Brindleyplace Part 1st Floor | Core | 6,727 | Hines Moorfield | Deloitte | BGVA / Colliers |
Part 13th Floor, Bank House | Core | 3,100 | BMO | Christie & Co | GBRPB / Cushman & Wakefield |
4th Floor, Livery Place | Core | 8,965 | Canmoor Asset Management | The Staffs & W M Community Rehabilitation Co Ltd (Ingeus) | GBRPB / CBRE / Philippa Pickavance |
Mailbox, 7 Commercial St | Core | 45,045 | Brockton Capital | Advanced Computer Software | CBRE/GRPB |
Bridge House, Granville Street | Fringe | 1,980 | Private Vendor | Private purchaser | GBRPB |
Edmund House, 1st/2nd | Core | 16,450 | Patrizia/Edmund Propco SARL | Regus | GBRPB / CBRE |
Unit D Ludgate Court | Jewellery Quarter | 2,500 | GW | Colmore Insurance | GBRPB |
Woodcock Street, BSPA | Fringe | 56,000 | Birmingham Science Park | UNITE | GBRPB |
30 St Paul’s Square – part 1st floor | Jewellery Quarter | 2,870 | Civil Aviation Pension Authority | Infinity Wireless Limited | LSH / Mason Young |
Part 11th Cobalt Sq | Edgbaston | 2,100 | MCR Property | Totemic | Colliers |
6th Floor Cavendish House, Waterloo Street | Core | 2,320 | Square Metre Properties Ltd | HGF Legal | Knight Frank / LSH |
5th Floor 75-77 Colmore Row | Core | 2,310 | REI Plc | Smurfit Kappa | Knight Frank / Bond Wolfe |
Part 2nd Floor 1 Colmore Row | Core | 1,558 | Knight Frank LLP | CY Resourcing | Knight Frank |
3rd Floor 37a Waterloo Road | Core | 1,934 | REI Plc | Port-P | Knight Frank / Bond Wolfe |
2nd Floor (Rear) 24 Bennetts Hill | Core | 1,569 | REI Plc | Live Recruitment | Knight Frank / Bond Wolfe |
55 Calthorpe Road | Edgbaston | 2,207 | Arnold Lee Charitable Trust | Handelsbanken | KWB |
New Oxford House, Waterloo Street | Core | 1,300 | The Duchy of Lancaster | FIS | KWB |
Studio 2, 50-54 St Pauls Square | Jewellery Quarter | 667 | Bridge Ventures | MGR | KWB |
Unit 1 The Courtyard, Gas Street | Fringe | 750 | Reed Limited | Tektalk | KWB |
Albany House – Suite 10c | Fringe | 910 | RVB Investments | Safety Business Systems | Vail Williams |
2nd Floor, 90 Broad St, Birmingham | Fringe | 647 | B4U Group Plc | A Bashir | Mason Young |
2nd and 3rd floor Scala House Hollow Circus | Fringe | 18,800 | Gatwick Investments Ltd | Ten Crime Reduction Initiatives | McNaughton Associates |
Ground Floor, Silverworks, 67-71 Northwood St | Fringe | 1,778 | Paul Bishop & Mark Madden | Your Beautique Training Ltd | Mason Young |
Victoria Sq House Prt Grd and Prt 1st | Core | 12,340 | Ardstone | West Coast Trains Ltd | BGVA / JLL |