West Midlands-based Nurton Developments has clinched another big letting at Cannon House in the centre of Birmingham - just weeks after announcing that a major government agency will be basing its headquarters in the building.
National rail operator CrossCountry is leasing 21,000 sq ft on Level 5 of Cannon House, refurbished at a cost of £25 million.
CrossCountry will run its rail franchise from the building, located at Colmore Circus Queensway.
George Jennings, of property firm GVA Grimley, said: "Their staff will be moving from premises in nearby Smallbrook Queensway by early summer this year.
"This is a very big move for CrossCountry, as they wanted a high-quality headquarters from which to run the new franchise, and also to retain staff, by operating from a much better working environment."
Nurton will fit out the open-plan space with a Grade A specification, which will include new airconditioning, raised floors and full-height glazing.
C rossCountry's existing premises are on a number of floors in Smallbrook Queensway, but its new home will be all on one level.
The deal is a second major coup for Nurton, following the news last month that the Insolvency Service had taken 42,000 sq ft of Grade A space at Cannon House in what was believed to be the biggest office deal in central Birmingham last year.
The Insolvency Service, part of the Department for Business Enterprise and Regulatory Reform (BERR), is leasing Levels 3 and 4, and will utilise the new premises as its flagship Midlands headquarters, when it relocates from nearby Ladywood House, in Stephenson Street next spring.
Mr Jennings said, the two deals sent out a clear message to the office market.
"A double letting, of 21,000 sq ft and 42,000 sq ft, in the same building is fantastic, and proves that Nurton is pitching at the right price for Grade A space.
"Just under 140,000 sq ft completed on five prime deals in the city centre, including 23,000 sq ft at a headline rent of £32.50 psf, which is the highest rent achieved last year. It is great news for Birmingham."
Cannon House was relaunched to the office market at the beginning of 2007, after a multi-million pound makeover and comprehensive refurbishment.
The remaining availability includes 8,934 sq ft on Level 1, 10,226 sq ft on Level 2, and 21,000 sq ft of space on level 6.
Meanwhile, Nurton has been given the goahead for the second, and final, phase of the £25 million redevelopment of Cannon and Priory, with futuristic plans earmarked for Priory House.
Work began this month and will be completed before Christmas, with the first space available by January 2009. The design includes 40,000 sq ft of penthouse office suites on a new Level 7 floor, which will run across the top of both the Cannon and Priory properties.
Cannon & Priory have a combined floorplate of around 45,000 sq ft - said to be the largest commercial footprints in Birmingham city centre.
Up to 40,000 sq ft remains available, 20,000 for immediately occupation, at Cannon House through letting agents are CB Richard Ellis and GVA Grimley.