Praxis Real Estate Management has secured two new tenants at Glasgow’s 310 St Vincent Street with Clancy Consulting and MDP Capital LLP now occupying the building’s top two floors.
Engineering firm Clancy Consulting have leased the entire ninth floor – 3,800 sq. ft – relocating from the park district, while fund managers MDP Capital LLP have acquired the eighth floor – also 3,800 sq. ft.
These two deals now bring the building to 50% occupancy with only four lower floors now available, reflecting the popularity of office space in this rapidly evolving location at the west end of Glasgow’s city centre. Cisco, the global IT and networking company; international engineering company COWI; Lawrie IP, the independent patent and trademark firm; and tech company OnScale are among 310 St Vincent Street’s existing tenant line-up.
Knight Frank represented Praxis on both deals and Redpath Bruce acted on behalf of MDP Capital LLP.
Sarah Hagen, office agency associate at Knight Frank Glasgow, said: “310 St Vincent Street continues to attract first class occupiers, testament to the high quality refurbishment that Praxis has delivered. The immediate area has a real buzz of activity with the addition of Coffee Republic on the ground floor, with neighbouring Café Nero and various gyms offering occupiers additional doorstep amenities. Clancy Consultancy and MDP Capital are excellent additions to the occupier line-up and with a good level of interest in the remaining space we are hopeful of continued success over the coming months.”
Richard Harrison, asset manager at Praxis, added: “310 St Vincent Street is situated in a prime position for Glasgow’s business community and we’ve invested substantially to create a top-class, Grade A office building which suits the needs of both current and future occupiers; with the addition of spa-style changing facilities, electric car-charging points and extensive cycle provisions to encourage active commuting. We are thoroughly delighted in welcoming Clancy Consultancy and MDP Capital LLP to the building. There is various interest in the remaining vacant space, and we look forward to welcoming other tenants that recognise 310 as the perfect place to conduct business.”
