Facebook - Birmingham Business Twitter - Birmingham Business Instagram - Birmingham Business
https://www.pure-telecom.co.uk https://www.ethex.org.uk/art2020

New tenant and expansion at city property

Birmingham’s 1 Newhall Street continues to demonstrate its desirability, securing a new tenant and seeing an existing occupier commit to an expansion and lease regear.

Godwin Group, which took occupation of the building’s 8th floor in 2018, has committed to an additional 2,690 sq ft on the 7th floor.  The company has extended its lease across both floors for a further ten years.

In a separate deal, Mitchell Adam is relocating from its current home in the Exchange Building – just a few doors further down Newhall Street – into the first floor of the building on a ten year lease.

Joint letting agents for 1 Newhall Street are Avison Young and Savills.

George Jennings, of Avison Young, said: “Transactional activity in Birmingham’s office sector continues to deliver strong results, particularly from companies looking to upgrade their space. 1 Newhall Street represents some of the city’s best-located, competitively-priced office space and is a prime example of a first-class refurbishment of existing stock.”

Following its acquisition by Ardstone Capital, 1 Newhall Street has undergone a comprehensive refurbishment programme. The building offers reconfigured and extended floorplates providing 50,000 sq ft of grade A space over eight floors, all set behind a new fully-glazed façade.

Alongside Godwin Group and Mitchell Adam, 1 Newhall Street has recently welcomed independent construction and property consultancy, RLF. The building also features a 4,850 sq ft leisure unit fronting Newhall Street which has been let to Pret A Manger.

Situated within the city’s Colmore Business District, the property offers 22 car parking spaces, 20 bicycle and 5 motorcycle spaces in the secure basement, accessed from Barwick Street. The refurbishment has also added full changing, shower and drying facilities.

1 Newhall Street was acquired in 2014 by the Ardstone Regional Office Fund, a programmatic venture by Ardstone Capital that is exclusive to clients of CBRE Global Investment Partners (CBRE GIP). 

https://www.iscoydpark.com

City centre office deals are signed

Brindleyplace drives the market thanks to quality and variety of space on offer

2nd July 2019

Mazars to make move to Paradise

International accounting and advisory firm is latest to sign up

3rd September 2020

More big office deals for city

Birmingham lands two of the largest regional acquisitions

12th November 2019

Paradise appoints new estate managers

Avison Young will provide comprehensive services

20th February 2020

Law firm chooses new city home

DLA Piper is first office tenant

14th November 2019

£140m city office sale is sealed

Deal is largest in the region this year

4th June 2019

Firm sees roaring start to new year

Property experts announce new lettings and renewals

24th January 2020

Association finds recipe for success

Dietitians move just a few streets to new offices

8th November 2019

PPE manufacturer signs new lease deal

Distribution facility unveiled as part of expansion plans

27th May 2020

Peer-to-peer lenders on the move

Property sector specialists sign five-year lease

20th January 2020

Investment fund makes immediate impact

Over £64m invested in businesses in the Midlands

20th May 2020

Global investment partners acquire apartments

Regeneration project gets a vote of confidence

25th June 2019

Zurich opens two new offices

Insurers strengthen commitment to the West Midlands

21st June 2019

Offices transformed for barristers and staff

Independent property specialists create whole new redesign

2nd October 2020

Architects expand with new office

Firm will develop Birmingham business relationships

5th September 2019