In Birmingham, our agency team let a 8,800 sq ft unit on Upper Gough Street in Birmingham City Centre to Vanti, an internationally award-winning technology systems integrator.
At the start of July we published our summer 2017 commercial property update for Bristol, the report provides an update on Bristol’s office, industrial and retail sectors detailing key market and transaction data as well as summarising major projects. You can view the full report by clicking here.
In Q2 the Leeds office market demonstrated its resilience in the face of an uncertain economic climate, posting improved take-up compared to both the preceding quarter and equivalent period last year. View our full Leeds office market update for Q2 2017, here.
Following this strong quarter our Leeds agency team were pleased to complete a number of deals in July. Deals included the letting of 900 sq ft of office space at York Place to Grant Fieldhouse, the specialist property consultants.
Our office agency team in Leeds also completed the letting of a 3,500 sq ft office at Three Leeds City Office Park to ADT Fire and Security, the letting brings the 69,500 sq ft building to full occupancy. Lastly, the Leeming Building in Leeds has welcomed seven new businesses following an extensive refurbishment, with a total of 70% of the space either let or under offer.
On the other side of the Pennines our Manchester machinery and business assets team have been instructed by the joint administrators of Pulse Flexible Packaging Limited to offer for sale a comprehensive range of high quality packaging production equipment at auction.
You can view our Newcastle office market update for Q2 2017 by clicking here. Newcastle’s office market recorded take-up of just below 130,000 sq ft, which was better than expected but did reflect a slower market than in the previous quarter with some hesitancy caused by political uncertainty. With a number of new instructions across the retail, leisure, investment and office sectors in the North East our agency team is looking forward to the month ahead.