More than a quarter of Baskerville House could soon be let – just a month after the completion of its #30 million transformation by property developers Targetfollow.
Training company FTC Kaplan is taking more than 23,000 sq ft in the state-of-the-art building which will launch a new era for the Birmingham landmark that overlooks Centenary Square. Targetfollow’s serviced office arm Targetspace is also planning to take one of the building’s eight floors as it looks to launch its first operation outside the capital.
Ian Fox, Targetfollow’s executive director of property, said: "When we embarked on this project to transform Baskerville House it was the largest speculative development of its kind anywhere in the country so it is very gratifying that the end product has generated so much interest. This is an absolutely unique development in Birmingham that offers almost 200,000 sq ft of Grade A office space in one of the city’s most prominent locations."
As part of the multi-million pound transformation by Targetfollow, Baskerville House was extended from six floors to eight with the development of two new floors at the top of the building that are set within a huge glass dome roof while the other floors are wrapped around two massive new glass atria.
FTC Kaplan – owned by the Washington Post – has 30 centres across the UK, providing training courses to all the major professional accountancy and tax qualifications, and have been based in Birmingham since 1977.
Philippa Pickavance at Drivers Jonas acted on the deal as joint agent, with CBRE on behalf of Targetfollow. Myles Wilcox-Smith at Gerald Eve advised FTC Kaplan.