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Zolfo Cooper LLP sign latest deal at 35 Newhall Street

Pictured above: (l-r) Charles Warrack of King Sturge, Carole Taylor of BNP Paribas and Ryan Grant of Zolfo Cooper LLP inside 35 Newhall Street

 

Leading international provider of corporate advisory and restructuring services, Zolfo Cooper LLP has signed a 10 year lease at 35 Newhall Street having relocated its key Midlands region team from Edmund Street. 

The deal takes 35 Newhall Street to fifty per cent let, following a recent letting which secured 5,581 sq ft on a ten year lease to mid-market corporate restructuring and recovery firm, MCR. 

Zolfo Cooper has relocated to take advantage of 35 Newhall Street's combination of a Grade A specification, prime Colmore Business District location and excellent transport links across the city and beyond.

Ryan Grant, Birmingham office Partner for Zolfo Cooper LLP commented:  "35 Newhall Street perfectly matches the requirements of our growing Midlands office. Our new office space provides a contemporary and rewarding working environment from which our team can serve our growing number of Midlands region clients based in the heart of Birmingham and beyond.

Charles Warrack, senior associate for King Sturge which acts as joint agent for the property added: "To have achieved 50 per cent occupation at 35 Newhall Street over what has been a very difficult past 18 months, is testament to the strengths that this property boasts. We've taken a realistic approach to marketing the building by splitting floor plates to accommodate smaller requirements and offering flexible lease terms that appeal to potential occupiers. It is a strategy that is clearly working and we are delighted to have secured Zolfo Cooper LLP following on from other high profile organisations including Kennedys solicitors and Three Lions Underwriting. The building already has another suite under offer and we are confident our pragmatic strategy will see us continue to attract high calibre and ambitious businesses to 35 Newhall Street."

Suites ranging from 2,500 sq ft are currently available within the building which boasts a high specification finish alongside secure basement parking.

Carole Taylor at BNP Paribas acted as the acquiring agent for Zolfo Cooper LLP and commented: "We looked at a number of buildings in the city centre and 35 Newhall Street best suited their needs."

King Sturge and KWB are joint agents for the property which is managed by ING Real Estate on behalf of West Midlands Metropolitan Authority Pension Fund.

 

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Article published by Midlands Business News on 1 November, 2010

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