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.