ReGlasgow

LEGAL Company Is Second Occupier For New City Centre Office Block

18 February, 2022 | Office

COMMERCIAL law firm Burness Paull has agreed a 10-year deal for space at 2 Atlantic Square in Glasgow’s International Financial Services District.

Burness Paull’s lease is for around 14,800 sq ft on the fourth floor of the 96,650 sq ft prime, sustainably built office accommodation.

The firm follows engineering and project management consultancy Atkins Limited, which last year became its first occupier.

The building is one of two office blocks developed at the site by BAM TCP Atlantic Square Limited. It ranges across six floors, with 7,000 sq ft retail and restaurant space on the ground floor.

Tamar Tammes, managing partner at Burness Paull, said: “After a two-year search across the city we believe we have found the ideal home at 2 Atlantic Square.

“Our goal was to find a new base for our colleagues in Glasgow that was not only tailored to our new hybrid working principles, but also met the highest standard of environmental credentials.

“It is an impressive building in an area undergoing rapid transformation into the heart of Glasgow’s business district.

“Moving there sets us up perfectly for modern flexible working and ensures that clients and colleagues have easy access to a full range of transport connections.”

Dougie Peters, managing director of BAM Properties, said: “This letting to one of Scotland’s most prestigious legal firms is a reflection of the stature of the accommodation, for which there is continuing market interest.

“It shows that there remains a strong future for commercial office space in Glasgow and the quality of the accommodation forms part of occupiers’ approach to attracting and retaining talent.”

The £150million Atlantic Square development, between York Street and James Watt Street, totals 300,000 sq ft across three separate buildings.

Ten-floor 1 Atlantic Square covers 187,000sq ft and was pre-let to the UK government as part of the HM Revenue and Customs hubs programme, forward funded by Legal & General Investment Management. It will house more than 2,000 government employees.

The third building, of six floors, will be at the corner with Argyle Street and have 20 flats and ground floor commercial space.

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