CASTLEFORGE Partners has announced its final two lettings at the impressive 58 Waterloo Street office building in Glasgow, resulting in the building becoming fully let.
Taylor Hopkinson, a recruitment firm specialising in the renewable energy sector, has taken the entire second floor, extending to 3,842 sq ft including a private terrace, on a ten-year lease. The firm is relocating from existing premises in iNovo on George Street. Castleforge has completed the fit-out of its space ahead of schedule, enabling the business to take occupation before Christmas.
Global renewable energy company BayWa r.e. secured the last remaining suite, extending to 1,989 sq ft on the third floor, on a five-year lease. The space had been fully fitted by the landlord to a high specification, offering a ready to occupy, turn-key solution. BayWa r.e. continues to grow its presence in Scotland with its new Glasgow base complementing existing offices in Edinburgh and Stirling.
Martin Speirs, the associate at Cushman & Wakefield, who acted on behalf of Castleforge Partners with joint agents Knight Frank, said: “It is great news to conclude our final two lettings and reach full occupancy. 58 Waterloo Street has proved to be a big success providing occupiers with high-quality space in a city-centre market which continues to be undersupplied of Grade A options.”
Rachael Pittaway from Castleforge Partners added: “58 Waterloo Street has been a very successful project for us and we are delighted that it is now fully let. Our decision to offer split floor plates and provide fitted-out suites meant we were able to deliver bespoke options to meet occupational requirements. We have created office space which our occupiers can really enjoy by integrating design, amenity and community to create a unique offering where people want to be. Features such as the luxury showers, changing and locker facilities and our popular golf simulator with drinks bar have been well received.”
Existing occupiers in the building, which have all taken occupancy since completion of the refurbishment of the building in 2017, include Allianz, Hoare Lea, Cornerstone Asset Management, Racon Management Services, Swan Group, MS Amlin, White Oak UK, Charles Stanley and Betasoft.
Cushman and Wakefield and Knight Frank jointly represented Castleforge Partners in the transactions whilst Avison Young acted for Taylor Hopkinson and Reith Lambert for BayWa .r.e. Ltd.