Office take up in Quarter Four 2016 in the central Birmingham office market totalled 97,391 sq ft in 29 deals, according to figures compiled by Birmingham Office Market Forum, as scheduled in the table below.
When added to the 110 deals totalling 595,338 sq ft recorded in the first three quarters of the year, the 2016 year-end total take up amounts to 692,729 sq sq ft in 139 deals.
This compares with:
970,458 sq ft in 132 deals for 2015
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 2016 outcome was down on the record take up seen in 2015, with a challenging second half to the year. However the total is very close to both the 5 and 10 year averages. The number of transactions recorded was actually up on the previous year, with 139 deals compared with 132.
The outlook remains positive for 2017 with both the HS2 and Government Property Unit (GPU) demand likely to come forward, together with the delivery of a number of new high profile office refurbishment schemes.
| ADDRESS | AREA | SIZE (SQ FT) | LANDLORD | TENANT | LETTING AGENT |
| Suite 13/14 White House, New Street | Core | 243 | Hortons Estate | Thomas Guise Solicitors | JLL |
| Part 2nd Floor, 5 Lower Temple Street | Core | 935 | Hortons Estate | Easi Rent | JLL |
| First Floor Front, 21 Bennetts Hill | Core | 1,560 | Hortons Estate | Diverse World | JLL |
| Suite 1.02 Imperial & Whitehall, Colmore Row | Core | 519 | Hortons’ Estate (Grand Hotel) Limited | Paragon Interiors Group plc | Lambert Smith Hampton/Johnson Fellows |
| 5th Floor Rear, Cavendish House, Waterloo Street | Core | 642 | White Pillar Properties Limited | Vault IP Limited | Lambert Smith Hampton/Knight Frank |
| Suite 2.02 Imperial & Whitehall, Colmore Row | Core | 527 | Hortons’ Estate (Grand Hotel) Limited | Maber Associates Limited | Lambert Smith Hampton/Johnson Fellows |
| Part 1st Floor, 30 St Pauls Square | Fringe | 2,943 | Civil Aviation Authority Pension Scheme | Lambert Smith Hampton/Mason Young | |
| Suite 1.05 Imperial & Whitehall, Colmore Row | Core | 2,228 | Hortons’ Estate (Grand Hotel) Limited | Hiscox Insurance Company Limited | Lambert Smith Hampton/Johnson Fellows |
| 2nd Floor, 3 Greenfield Crescent, Edgbaston | Edgbaston | 1,050 | NCW Associates | Essential Money Ltd | PPRE |
| 47 Calthorpe Road, Edgbaston | Edgbaston | 3,159 | Remax Group | Michael Heaven Ltd | PPRE / Savills |
| 48 Calthorpe Road, Edgbaston | Edgbaston | 4,969 | Remax Group | Remax (Edbgaston) Ltd | PPRE / Savills |
| Unit 10 The Cloisters | Edgbaston | 1,795 | Dilford Limited | TRP solicitors | GVA / Cushmans |
| Unit 4 The Cloisters | Edgbaston | 1,795 | Dilford Limited | Phidex | GVA / Cushmans |
| St Phillips Point | Core | 5,400 | Ediston | AXA | Savills/GVA |
| Pt 10th (rear) 54 Hagley Road, Edgbaston | Edgbaston | 3,169 | Hagley Road Ltd | Alliance Surgical | GVA / Savills |
| 10 St Pauls Square, Birmingham | Fringe | 13,142 | Alpha Plus Group | MCR | Cushman & Wakefield |
| Part 13th Floor, Bank House, Cherry Street | Core | 1,800 | Hudson Advisors | Sweett Group | Savills / Cushman & Wakefield |
| Part 12th Floor, Alpha Tower, Suffolk Street Queensway | Fringe | 3,500 | CEG | Galliford Try | Savills / CBRE |
| 11th Floor, Alpha Tower, Suffolk Street Queensway | Fringe | 7,100 | CEG | Pro-Brand | Savills / CBRE |
| Assay Studios, Newhall Street | Fringe | 2,763 | TCN | Emerald Technology Recruitment | CBRE |
| Assay Studios, Newhall Street | Fringe | 1,000 | TCN | Roo Foods Ltd (Deliveroo) | CBRE |
| Part 7th Floor, Livery Place, Livery Street | Core | 1,389 | Canmoor | Chapman BDSP | CBRE / Savills |
| Ground Floor, Lyndon House | Fringe | 3,359 | LaSalle | BHSF | JLL / KF |
| Part 8th Floor, Lyndon House | Fringe | 2,090 | LaSalle | Alf Bushell/Cash Solutions | JLL / KF |
| Part 13th and 14th Floor, Lyndon House | Fringe | 6,270 | LaSalle | Royal College of Nursing | JLL / KF |
| 4th Floor, 19 Cornwall Street | Core | 19,448 | Standard Life | Pinsent Masons | Savills |
| Part 1st Floor, 30 St Pauls Square | Fringe | 2,560 | Civil Aviation Authority Pension Scheme | Firstpoint Healthcare Ltd | Lambert Smith Hampton/Mason Young |
| 5th Floor Rear, Neville House, Waterloo Street | Core | 1,436 | Korazon Limited | Black Cat Solutions Limited | Lambert Smith Hampton |
| Chamberlain Building, 36 Frederick Street, Birmingham | Fringe | 600 | KAD Investments Ltd | Buy Sell Bullion Ltd | Mason Young |