Cushman & Wakefield has pulled off the biggest letting so far this year in Birmingham’s once thriving Edgbaston office market.
The Birmingham office of the leading global real estate services firm has let an 8,359 sq ft unit at Regent Court, in George Road, to Autism West Midlands.
Autism West Midlands is a charity that provides direct support to the 60,000 people in the region who live with the disability, including assistance with finding employment.
The organisation previously had its head office in Highfield Road, also in Edgbaston, but has moved to Regent Court in order to acquire more space.
Autism West Midlands joins a number of other high profile clients in the 50,000 sq ft three storey office building, including the Valuation Office and business to business distribution services company Rexel.
Marcus Hayes, senior surveyor at Cushman & Wakefield, said that Autism West Midlands would be able to take advantage of a recent major refurbishment to Regent Court, carried out by landlord Donington Investments.
He said: “This is the biggest deal in Edgbaston this year, and is big news for the district because the market there has been on its knees for the past four or five years, with deals few and far between.
“The deal suggests that there are still deals to be done for the right building at the right price. It also means that Regent Court is edging towards full occupation, with just the 8,400 sq ft of space on the top floor remaining.”
Autism West Midlands has taken an 11-year lease with a six-year break, at a headline rent of £8 per sq ft.
Joint agent Jones Lang Lasalle acted for the charity, with Cushman & Wakefield acting for Donington.