A prominent tech firm is relocating its Birmingham office to a newly refurbished building, marking a significant move in the region’s business landscape. This development involves Softcat signing a 10-year lease for a substantial office space in the Billiards Building. The relocation reflects modern demands for quality office amenities and green credentials.
- The tech company, Softcat, has signed a lease agreement for 9,000 sq ft of office space in the refurbished Billiards Building.
- The relocation signifies a move from the current office at Interchange Place to accommodate modern office needs.
- Advisory firms CBRE, JLL, and LSH were involved in securing this lease deal, highlighting the importance of strategic consultancy.
- The Billiards Building, acquired by Grosvenor, has undergone a £35 million renovation to attract modern businesses.
A significant development has unfolded in Birmingham’s business district as a tech firm, Softcat, has secured a lease for new office space. The company has signed an agreement for 9,000 square feet of modern office premises in the Billiards Building, located on Edmund Street. Softcat, known for providing IT infrastructure services, is set to occupy the entire seventh floor of this newly refurbished site under a ten-year lease. This relocation represents a move from their previous establishment at Interchange Place, which they have called home since 2019.
The transition to the Billiards Building is not only a shift in location but an adaptation to contemporary office standards. The building, which previously bore the address 134 Edmund Street, now boasts 79,000 square feet of grade A office space following a £35 million renovation led by the property owner, Grosvenor. The updated facilities include a business lounge, a café, a gym, a yoga studio, and a communal roof terrace, all designed to meet the demands of modern occupiers.
This strategic leasing was facilitated by commercial property agencies CBRE, JLL, and LSH, emphasizing the importance of expert advice in navigating such significant property transactions. Theo Holmes, CBRE’s senior director, remarked on the refurbishment, stating that it aligns with what today’s corporate tenants expect: high-quality space, comprehensive onsite amenities, and environmentally sustainable features.
The Billiards Building acquisition by Grosvenor in 2021 and the subsequent renovation underscores a commitment to enhancing Birmingham’s business infrastructure. This investment seeks to appeal to discerning occupants who value both aesthetic and functional elements in their professional environments.
The relocation of Softcat to the Billiards Building exemplifies the ongoing transformation and modernization of Birmingham’s commercial property sector.
