Central Birmingham office market take up figures Quarter 4, 2015

Office take up in quarter four, 2015 in the central Birmingham office market totalled 212,449 sq ft in 30 deals as scheduled on the spreadsheet below.

When added to the 102 deals totalling 758,009 sq ft recorded in the first three quarters of the year, the 2015 year-end total take up amounts to 970,458 sq ft in 132 deals.

This compares with:
713,460 sq ft in 148 deals for 2014
664,147 sq ft in 128 deals for 2013
500,955 sq ft in 133 deals for 2012

The 2015 outcome represents a new record take up level for the central Birmingham office market eclipsing the previous high recorded in 2008 of 886,889 sq ft. At over 300,000 sq ft above both the 5 and 10 year averages, the enhanced activity can be attributed to a strong indigenous occupier base that has been complemented with further significant inward investment activity from the likes of HSBC, Advanced Computer Software and Extra Energy.

Address Area Size (sq ft) Landlord Tenant Letting Agent
3rd Floor, Mclaren, 46 Priory Queensway Core 5,750 Bruntwood Sigma Communications Ltd JLL / Cushman & Wakefield / GBRPB
Part 12th Floor Quayside, Broad Street Fringe 3,068 Shantou Invesco Ltd Alstom JLL / Colliers
Part 2nd Floor, 11 Waterloo Street Core 1,236 Nurton Developments Pacific World Ltd JLL / CBRE
Part 2nd Floor, 5 Lower Temple Street Core 935 Hortons’ Estate Ltd Studio Figura Ltd JLL / GBRPB
7 Ansty Court, Caroline Street Fringe 1,628 Grange Securities Fellows Constrction Consultants Mason Young
Lombard House 6th Floor Front Core 5,005 Dunedin Pulse BGVA / LSH
4 Brindleyplace Part 1st Floor Core 6,727 Hines Moorfield Deloitte BGVA / Colliers
Part 13th Floor, Bank House Core 3,100 BMO Christie & Co GBRPB / Cushman & Wakefield
4th Floor, Livery Place Core 8,965 Canmoor Asset Management The Staffs & W M Community Rehabilitation Co Ltd (Ingeus) GBRPB / CBRE / Philippa Pickavance
Mailbox, 7 Commercial St Core 45,045 Brockton Capital Advanced Computer Software CBRE/GRPB
Bridge House, Granville Street Fringe 1,980 Private Vendor Private purchaser GBRPB
Edmund House, 1st/2nd Core 16,450 Patrizia/Edmund Propco SARL Regus GBRPB / CBRE
Unit D Ludgate Court Jewellery Quarter 2,500 GW Colmore Insurance GBRPB
Woodcock Street, BSPA Fringe 56,000 Birmingham Science Park UNITE GBRPB
30 St Paul’s Square – part 1st floor Jewellery Quarter 2,870 Civil Aviation Pension Authority Infinity Wireless Limited LSH / Mason Young
Part 11th Cobalt Sq Edgbaston 2,100 MCR Property Totemic Colliers
6th Floor Cavendish House, Waterloo Street Core 2,320 Square Metre Properties Ltd HGF Legal Knight Frank / LSH
5th Floor 75-77 Colmore Row Core 2,310 REI Plc Smurfit Kappa Knight Frank / Bond Wolfe
Part 2nd Floor 1 Colmore Row Core 1,558 Knight Frank LLP CY Resourcing Knight Frank
3rd Floor 37a Waterloo Road Core 1,934 REI Plc Port-P Knight Frank / Bond Wolfe
2nd Floor (Rear) 24 Bennetts Hill Core 1,569 REI Plc Live Recruitment Knight Frank / Bond Wolfe
55 Calthorpe Road Edgbaston 2,207 Arnold Lee Charitable Trust Handelsbanken KWB
New Oxford House, Waterloo Street Core 1,300 The Duchy of Lancaster FIS KWB
Studio 2, 50-54 St Pauls Square Jewellery Quarter 667 Bridge Ventures MGR KWB
Unit 1 The Courtyard, Gas Street Fringe 750 Reed Limited Tektalk KWB
Albany House – Suite 10c Fringe 910 RVB Investments Safety Business Systems Vail Williams
2nd Floor, 90 Broad St, Birmingham Fringe 647 B4U Group Plc A Bashir Mason Young
2nd and 3rd floor Scala House Hollow Circus Fringe 18,800 Gatwick Investments Ltd Ten Crime Reduction Initiatives McNaughton Associates
Ground Floor, Silverworks, 67-71 Northwood St Fringe 1,778 Paul Bishop & Mark Madden Your Beautique Training Ltd Mason Young
Victoria Sq House Prt Grd and Prt 1st Core 12,340 Ardstone West Coast Trains Ltd BGVA / JLL