Knight Property Group has welcomed a further tenant to 4-5 Lochside Avenue, its £20m landmark sustainable office building in Edinburgh Park.
Leading IT and digital edge infrastructure provider, Pulsant has moved into the Grade A office space, taking 10,065 sq ft on the first floor on a ten-year deal. The company has moved from South Gyle, with Lochside Avenue now being home to around 80 people.
This is the second deal secured by Knight at Lochside Avenue, following Lumacron Technology moving in to the redeveloped office building in September.
Founded in 1995, Pulsant is the UK’s leading edge infrastructure provider, delivering a platform that enables regional businesses and service providers to build, connect and deploy the applications they need to innovate and grow. With headquarters in Maidenhead, the company has further offices in Edinburgh, Gateshead and London, along with a national network of 12 data centres across the UK.
April Clark, Chief People Officer of Pulsant said:
“This move marks the beginning of an exciting new chapter for our Scottish team. As a company, we were really keen to create a more collaborative and flexible workspace to better support our hybrid working approach, and 4-5 Lochside Avenue is the ideal environment for our people to come together and connect and to enable our ambitious business development and growth strategy.”
Howard Crawshaw, Managing Director of Knight Property Group, added:
“Pulsant’s move to 4-5 Lochside Avenue has been welcomed with tremendous enthusiasm among all parties involved. Their alignment with our commitment to fostering a more sustainable future is highly valued. We take immense pride in the accomplishments at 4-5 Lochside Avenue, and we are currently engaged in positive discussions regarding the remaining space within the building.”
Rather than demolish the pavilion-style building, Knight invested £20m into the comprehensive redevelopment of the three-storey 4-5 Lochside Avenue, which has made it one of Edinburgh Park’s most sustainable and modern office buildings. The building is all-electric, with an EPC ‘B+’ rating and offers occupiers a net zero in operation office, aligned to Net Zero targets and Scottish Government ‘New Build Heat Standards.’
Cameron Stott, Lead Director of JLL Scotland said:
“Demand from high-calibre occupiers to take space at 4-5 Lochside Avenue has been very positive and Knight’s approach to sustainability was a key factor in attracting Pulsant to the building. Knight is being rewarded for their pioneering retro-first approach with this building.”
Geoff Scott, Director and Head of Edinburgh at Lambert Smith Hampton added:
“Pulsant considered a number of options in Edinburgh Park, but 4-5 Lochside Avenue was chosen due to location, excellent specification and strong environmental credentials. We wish them well in this new location.”
Edinburgh Park is home to 7,000 employees with surrounding occupiers including JP Morgan, Marsh, HSBC and Lloyds. Edinburgh Park benefits from good local amenities, including the Gyle Shopping Centre and Hermiston Gait Retail Park.
JLL and CBRE are letting agents for Knight Property Group, whilst Lambert Smith Hampton advised Pulsant.