Central Birmingham office market take up figures Quarter 3, 2017

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