Office take up in quarter three, 2017 in the central Birmingham office market totalled 402,076 sq ft in 25 deals as scheduled in the table below, compiled by the Birmingham Office Market Forum.
When added to the 56 deals totalling 248,466 sq ft in the first half year, the full tally to date is 650,542 sq ft in 81 transactions.
The Q3 take up figures provide the strongest quarter recorded since the HSBC deal was secured in Q2, 2015. This positive start to the second half of the year ensures that in 2017, the central Birmingham office market is on track to deliver or even exceed its long term average. Clearly assisted by the largest pre-let in a decade with the UK Government committing to 3 Arena Central, it is also reassuring to see some key professional service sector transactions and also further significant take up in the most recently delivered office schemes.
For further information please contact the author of the report Jonathan Carmalt, Director, Office Agency, JLL on 0121 214 9935 or email [email protected]
Birmingham Office Market Forum was established in 2007 to present a co-ordinated voice to investors, developers and occupiers about Birmingham’s city centre office market.
The Forum brings together the city’s leading office agents and Business Birmingham.
For a list of member firms or further information visit their website
ADDRESS | AREA | SIZE (SQ FT) | LANDLORD | TENANT | LETTING AGENT |
8th Floor, The Colmore Building | Core | 23,388 | Ashby Capital | Hogan Lovells | JLL / GVA |
54 Hagley Road | Edgbaston | 2,670 | Opus / Palmer | Salhan accountants | GVA / Savills |
8th floor Charles House, Great Charles Street | Core | 3,560 | Dunedin | Brookfield Student Residential | GVA / Savills / LSH |
6th floor Cornerblock | Core | 12,612 | Bruntwood | Instant Offices | GVA / CBRE / Savills |
Suite 203 Cheltenham House | Core | 245 | NWTC | Sporting Group International | JLL / KWB |
Pt 4th Floor White House | Core | 646 | Hortons Estate | Opinsta | JLL |
20th Floor, McLaren | Fringe | 5,750 | Bruntwood | Sigma Communications Ltd | JLL / Savills / C & W |
Pt 10th Floor, McLaren | Fringe | 990 | Bruntwood | Grid Edge | JLL / Savills / C & W |
5th floor, Colmore Place | Core | 2,034 | Oak Investment | Pegasus Planning | Savills |
6th floor 55 Colmore Row | Core | 16,960 | IM Properties | Savills | Savills/CBRE |
Part 12th floor, Bank House | Core | 1,200 | Hudson Advisors | Henry Boot Developments Limited | Savills/C & W |
Part 3rd floor, Livery Place | Core | 2,197 | Canmoor | Philip Morris International | Savills/CBRE |
Part 1st floor, Livery Place | Core | 922 | Canmoor | Port P | CBRE/Savills |
7th floor, 11 Brindleyplace | Fringe | 8,832 | Cube Real Estate | Medgate | Savills/Colliers International |
9th Floor, Quayside | Fringe | 6,318 | BMOR | NPower | JLL / Colliers |
5th Floor, Cornerblock | Core | 12,414 | Bruntwood | Instant Offices | CBRE / GVA / Savills |
5th Floor, 19 Cornwall Street | Core | 16,362 | Kier | Instant Offices | CBRE |
17th Floor, Alpha Tower | Fringe | 7,100 | CEG | Allegis | CBRE / Savills |
2nd Floor, 100 Broad Street | Fringe | 3,705 | EPIL | Pell Frischmann | C & W / GVA |
Cold Store, Beorma Quarter | Fringe | 18,980 | Salhia Investments | Princes Trust | C & W |
Pt Ground Floor, Colmore Building | Core | 4,898 | AHR | 3PB | C & W |
55 St Pauls Square | Fringe | 2,805 | Alycidon Capital | Core Educational Trust | Knight Frank |
3 Arena Central | Fringe | 238,988 | ACDL | UK Government | CBRE / GVA |
Pt 9th Floor, Alpha Tower | Fringe | 4,100 | CEG | Malcolm Hollis | Savills / CBRE |
Pt 3rd Floor, Tricorn House | Edgbaston | 4,400 | CEG | DAC | Savills / CBRE |