Flexible Office Provider Storms Into Birmingham With 76K SF Deal

Spaces, the flexible workspace provider with 10 U.K. hubs, is to take the entire 76K SF building at AG Dunedin's Crossway, Great Charles Street, Birmingham, Property Week reports.

The Crossway building is the largest on the Great Charles Street estate, which was acquired in 2015 by AG Dunedin Birmingham Estate Venture L.P., a joint venture between Angelo Gordon and Dunedin Property Asset Management, from Aviva for £22M.

Letting agents are GVA, Lambert Smith Hampton and Savills.

Spaces operates from three London offices, three Thames Valley hubs, and offices in Newcastle, Guildford, Brighton and Bath. This will be its first venture into the Midlands.

Birmingham agents have warned that demand from serviced office providers will help push city centre rents to £35/SF by 2019.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Birmingham Newsletters
Related Stories

Sir George Iacobescu Has A Message For Developers Sitting On The Sidelines

JPMorgan's Chicago Office Renovation Costing Bank Over $800M, Dimon Says

BXP Lands Equity Partner For Madison Avenue Office Project

High-Profile CBRE Chicago Exits Continue As 3 More Leave For Cushman & Wakefield

Foreclosure Suit Filed At Stalled Penn Plaza Life Sciences Project

Chicago Office Tower Sells For $550M To Zara Founder In Blockbuster Deal

Rents Smash Expectations At GPE

JPMorgan Relocating, Expanding Philly Office

JLL Nabs Brokerage Team With Over 75 Years Combined At Rival CBRE

WeWork's UK and Ireland General Manager On How Hospitality Is Raising The Bar For The Modern Office

Microsoft Sues JLL For Protection Against Lawsuit At NYC Office Project

Brandywine Lands Full-Floor Tenant At Cira Centre