FOLLOWING a major refurbishment across its nine floors at one of Glasgow’s most sought-after business addresses a new tenant has been welcomed.
Accountants and business advisors Alexander Sloan have moved into 180 St Vincent Street after relocating its Glasgow office from Cadogan Street to the seventh floor of the building.
Alexander Sloan signed a 10-year lease for 5,082sq ft of space, which includes a large balcony with views to the south. They join current tenants at One80, including Xodus Group and EBV Electronic.
Building owners Northwood Regional UK have overseen a major refurbishment over five vacant floors and transformed the reception area.
One80 St Vincent Street is located within Glasgow’s central business district and international financial services district, offering prime grade A office space. The ninth floor is currently available to let alongside other suites in the building.
Claire Watson, of commercial property managers JLL, said: “Glasgow’s office market has struggled to find supply to meet demand in recent times, thanks mainly to a lack of new developments in the city centre.
“The refurbishment of One80 St Vincent Street goes some way to redress this, providing high quality, centrally located business space where it is needed the most.
“Alexander Sloan, having signed a 10-year lease, can be confident they’ve secured one of Glasgow’s most sought-after business addresses which we expect will continue to draw significant interest.”
Philip Morrice, Managing Partner at Alexander Sloan, said: “We’re excited to be the latest tenants at One80 St Vincent Street. The building has been impeccably finished and clearly designed with modern business tenants in mind. The core city centre location was also a major consideration, to be alongside liked minded professional companies, accessible to a wide array of city centre amenities and nearby transport connections. Repositioning our business on Glasgow’s prime business street made complete sense.”
Mark Evans from Northwood Regional UK, said: “We are delighted to be welcoming Alexander Sloan into the building and to be able to attract a respected professional occupier. The decision to undergo a four floor renovation at One80 was borne out of a desire to deliver the highest office accommodation specification on the market, which has been rewarded. When refurbishing the new space, we played on the strengths of the building with the excellent positioning in the core city centre and with city-wide views to the south north wherever possible. With further current interest we hope for more good news soon.”
Ryden also acted for new tenants Alexander Sloan.
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