Latham House is soon to provide the Midlands base for another national company which is moving its regional operation to the Birmingham city centre location.
Sir Robert McAlpine, one of the UK’s leading construction companies, is relocating from Birmingham Business Park to be closer to its client base and to provide a central regional hub for its national network of offices in view of the premises’ close proximity to New Street Station.
The privately-owned company, which operates in the building and civil engineering markets, has acquired the fourth floor of Latham House on Paradise Street from Hortons’ Estate, comprising a total of 4,031sq ft on a ten-year lease.
The move follows the letting to legal specialists Davies and Partners, which has acquired the ground floor and part of the first floor as Latham’s anchor tenant. The Grade A building, which features six floors, was given a £1.8 million refurbishment in 2006.
Ian McKenzie, regional manager for Sir Robert McAlpine in the Midlands and North-west, said: "Birmingham is a key target market for our UK operations and having a city centre presence shows our commitment to building closer relationships with the local business community. The exciting regeneration plans being developed for this part of Birmingham, as the gateway to the professional quarter, have also played a significant role in our decision making process."
Rob Blyth, chief executive of Hortons’ Estate, also said: "We are delighted with the letting to Sir Robert McAlpine at Latham House.
"A letting to another national professional services group is also in the pipeline and signals further confidence and an upturn in the offices market."
King Sturge acted on behalf of Hortons’ Estate with Sir Robert McAlpine being advised by GBR Property Consultants.