Acting on behalf of Warburg-HiH Invest Real Estate UK Ltd, Avison Young and LSH have now let the 4th and 9th floors at 2 West Regent Street to technology firm Gamma. The deal, which is the largest of Q1 2019, will see Gamma take two floors at a total of 15,744 sq. ft.
The move by Gamma, a leading provider of cloud telephony and UCaaS telecommunications services to the business market, signals the continued expansion and growth of the technology sector of the city.
Andrew Taylor CEO of Gamma commented “We are delighted to be expanding our Glasgow operation by acquiring new office premises at 2 West Regent Street. We have a strong Scottish heritage and the decision to expand the business into the 4th and 9th floors is a clear indication of Gamma’s commitment to growth in the area.”
“The 9th floor (penthouse suite) offers wonderful panoramic views of the city and will provide our staff with an extremely attractive and welcoming environment for our current and future employees. We’ve strived to create working spaces that better suit today’s ways of working and in line with our aspirations of being an employer of choice. We want the quality of our working environment to really make a statement.”
Martin Edgar (Edgar Property Solutions) who acted on behalf of Gamma said “2 West Regent Street was the perfect option to consolidate Gamma’s expansion in Glasgow. Both floors have now been fitted out and the staff moved in seamlessly at the beginning of July.”
Warburg’s UK managing director, Martin Payne commented “letting both floors to such a quality tenant is great news. The 9th floor only became vacant towards the end of last year and it’s testimony to the professionalism of our agency team, the quality of the building and underlying strength of the Glasgow market that the office elements at 2 West Regent Street are now fully let.”
The letting agents, Paul Broad of Avison Young said, “Following on from some significant pre-let announcements, it is encouraging to note that demand from this mid sector size bracket is strengthening.”
Aasia Mohammad of LSH commented that “Gammas letting signifies a real drive by occupiers to secure the best accommodation for employees wellbeing”