One of Bristol’s most prominent office buildings is now fully let after technology firm Just Eat decided to expand its base in the city.
The move has seen Just Eat take the seventh floor of Broad Quay House in addition to its existing space on the second floor.
Property consultancy JLL acted on behalf of Standard Life Investments, which owns Broad Quay House, whilst GVA acted on behalf of Just Eat.
Hannah Waterhouse, director at JLL, said: “It is fantastic to see an innovative tech company like Just Eat choosing to invest in expanding its Bristol presence. This is testament to the strength of our region’s tech and digital sector, which was highlighted in the recent Tech Nation report as being top in the UK for tech worker productivity and third for digital turnover.
“A total of 160,000 sq ft of tech style space has been brought to the market through the refurbishment of existing office space in Bristol city centre in the last six months – of this space 95 per cent is currently let. This shows that tech style space is becoming increasingly a mainstream requirement and landlords are responding to this demand. Meanwhile, office supply in the city centre is tighter than ever and competition is fierce in the market.”
Standard Life Investments is investing in an ongoing rolling programme of refurbishment at Broad Quay House, on Prince Street, by Bristol’s harbourside. The seventh floor now includes exposed ceilings and suspended lighting, with the common spaces and reception having been revamped too.
Just Eat was already occupying around 7,000 sq ft of space at Broad Quay House and has now agreed to take an extra 7940 sq ft of space.
Standard Life Investments also owns the adjoining building, Narrow Quay, which is also fully let.
Bristol and Bath’s tech and digital sector came out top for tech worker productivity in the recent Tech Nation report, third for its total digital turnover of £8.1 billion and commended as having the best digital meetups in the country.