Office take up in quarter four, 2017 in the central Birmingham office market totalled 354,530 sq ft in 49 deals as scheduled in the table below, compiled by the Birmingham Office Market Forum.
When added to the 81 deals totalling 650,542 sq ft recorded in the first three quarters of the year, the 2017 year-end total take up amounts to 1,005,072 sq ft in 130 deals.
This compares with:
- 692,729 sq ft in 139 deals for 2016
- 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
The 2017 outcome is a record take up year, beating the previous high seen in 2015.
Office take up was boosted by the emergence of HS2 related demand together with the Government committing to the largest prelet seen in the city for a decade. In addition, key larger transactions were concluded in the Professional Services and the Serviced Office sectors.
Breaking 1 million sq ft office take up for the first time is extremely positive for Birmingham during the current period of unprecedented development activity and further regeneration, visible across the BOMF area. It is also particularly encouraging bearing in mind the slow first half of the year following on from the dip seen in the previous year’s total.
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 |
The Crossway, Great Charles Street (entire building) | Core | 76,000 | Dunedin | Regus | GVA/LSH/Savills |
Chamberlain Sq (no.1), Paradise | Core | 58,631 | Argent / Hermes / BCC | PWC | GVA / CBRE |
Norfolk House (3rd floor) | Core | 14,176 | London & Scottish | Spark 44 | GVA / C&W |
The Colmore Building (part 2nd) | Core | 11,645 | Ashby Capital | Willis Towers Watson | JLL / GVA |
The Cloisters (unit 5) | Edgbaston | 1,795 | Omnia | BOSS | GVA / C&W |
The Cloisters (unit 9) | Edgbaston | 1,808 | Sports Structures | Cosmotransplant | GVA |
7th Floor(rear) Charles House, Great Charles Street | Core | 1,943 | Dunedin | CDI Anderselite | GVA / LSH / Savills |
7th Floor (front) Charles House, Great Charles Street | Core | 1,725 | Dunedin | MBC Law | GVA / LSH / Savills |
The Lewis Building – part GF, 1F & 2F | Core | 33,293 | L&G | Regus | GVA / CBRE |
3rd Floor, 4 Temple Row | Core | 3,355 | Nurton Developments | Bentley Systems | JLL / CBRE |
Pt 9th Floor, Edmund House | Core | 1,345 | Clearbell | Shawbrook Bank | Savills / CBRE / GVA |
1st Floor, Nelson House, Quay Place | Fringe | 2,180 | Columbia Threadneedle | Premier Group Recruitment | JLL / CBRE |
Pt 2nd Floor, 9 Colmore Row | Core | 4,750 | BNP Paribas Real Estate | St Joseph Homes (Berkeley) | KWB / Savills |
17th & Part 18th Floors, McLaren | Fringe | 7,329 | Bruntwood | London School of Commerce | JLL / C&W / Savills |
6th Floor, McLaren Building | Fringe | 5,750 | Bruntwood | Kier | JLL / C&W / Savills |
Part 5th Floor, McLaren Building | Fringe | 534 | Bruntwood | Activia Training | JLL / C&W / Savills |
Guildhall | Fringe | 435 | Oval Guildhall Ltd | Vincent Yee Solicitors | C&W and KWB |
Part 9th floor, 1 Victoria Square | Core | 4,025 | Salmon Opportunity Fund | Statcrar | C&W |
8th Floor, 60 Church Street (Embassy House) | Core | 4,235 | Catalyst | Trinity Mirror | GVA and C&W |
55 Colmore Row | Core | 30,808 | IM | RICS | CBRE and Savills |
Part 9th floor, Bank House | Core | 1,075 | Omaha Guernsey | M-EC | C&W and Savills |
3 Vicarage Road | Edgbaston | 2,065 | Mr Checketts | Edwards Trust | PPRE |
22 Gas Street | Fringe | 1,511 | Kames Capital | Carl Zeiss Vision | Savills |
Assay Studios | Fringe | 4,623 | TCN UK Ltd | Bluetel | CBRE |
Assay Studios | Fringe | 213 | TCN UK Ltd | Women’s Consortium | CBRE |
Assay Studios | Fringe | 1,448 | TCN UK Ltd | RSA | CBRE |
Assay Studios | Fringe | 334 | TCN UK Ltd | Impero London | CBRE |
Part 3rd Floor, 2 Colmore Square | Core | 4,192 | Nurton Developments | Blackcat Technology Solutions | CBRE / GVA |
3rd Floor, 10 Colmore Row | Core | 3,600 | CBRE GI | Trowers & Hamlin | Savills / CBRE |
One Snowhill | Core | 2,800 | Union RE | Capital Dynamics | Knight Frank / Savills |
7th Floor, Cornerblock | Core | 8,055 | Bruntwood | Ramboll | GVA / Savills / CBRE |
12th Floor, Cobalt Square, Hagley Road | Edgbaston | 4,256 | MCR | Prospects | Vail Williams / KWB |
Suite 1.04 Imperial & Whitehall | Core | 223 | Hortons Estate | Stentongate Property Investments Limited | LSH/Johnson Fellows |
Suite 1.06 Imperial & Whitehall | Core | 275 | Hortons Estate | Paragon Interiors Group plc | LSH/Johnson Fellows |
Suite F02 50 Newhall Street | Core | 157 | Peter Maddox & Associates | Mrs H McCartney | |
Part 1st Floor, 4 Temple Row | Core | 2,650 | Nurton Developments | Push Doctor | CBRE / JLL |
9 Brindleyplace | Fringe | 2,486 | HSBC | Odgers | GVA / Savills |
14 Legge Lane | Fringe | 350 | P Roscoe-Marks | Clarke West LLP | Mason Young PC |
93a Hagley Road | Fringe | 1,150 | S&N Parwana Property | ZA Telecoms Ltd | Mason Young PC |
38-40 Hylton St | Fringe | 784 | Davran Jewellery Ltd | Mulchand (UK) Ltd | Mason Young PC |
The Mansion, 27 Frederick St | Fringe | 1,019 | B Dylon | L G Properties UK Ltd | Mason Young PC |
Pt LG, 5th & 6th Floor, Lombard House | Core | 9,790 | Longmead Capital | Tonik Energy | JLL / Johnson Fellows |
Edmund House – 10th floor | Core | 6,302 | Clearbell Capital | Acturis | Savills/CBRE |
11 Brindleyplace – Mezz & 5th Floors | Fringe | 9,843 | Cube Real Estate | MSO | Savills/Colliers |
Cornerblock – part 4th Floor | Core | 2,787 | Bruntwood | Rethink Recruitment | Savills/CBRE/GVA |
Alpha Tower -19th Floor | Fringe | 7,100 | CEG | Alpha Works | Savills/CBRE |
part 4th Floor, Cornerblock | Core | 6,550 | Bruntwood | Slater Gordon | CBRE/Savills/GVA |
Part 7th Floor, Cornerblock | Core | 1,560 | Bruntwood | FHB Engineering | CBRE/Savills/GVA |
Part 5th Floor, Cornerblock | Core | 1,570 | Bruntwood | BHSF | CBRE/Savills/GVA |