Vail Williams has been operating from Four Brindleyplace for the past five years, and the building’s owners, Hines Global, and operators, the Moorfield Group, were quick to express their satisfaction at signing one of their tenants up to a more extended leasehold arrangement.
“Brindleyplace provides occupiers with the perfect balance of accessible, convenient amenities by day and a multitude of bars and entertainment options once the working day is done,” said Jeremy Marchant from Moorfield in a statement announcing the Vail Williams’ agreement.
“It is a truly unique destination that offers outstanding connectivity, an excellent location and well-deserved reputation as one of the city’s leading business destinations, all of which creates an extremely attractive proposition, both for existing and prospective occupiers,” he went on.
For their part, the commercial property analysts and experts of Vail Williams were keen to stress the importance of close proximity to local transport networks and the quality facilities at Brindelyplace in explaining their decision to remain at the site.
One of the firm’s regional partners, Chris Cave, said the transport links help the company service the wider Midlands area and noted that despite difficult economic headwinds, the past 12 months have seen positive financial performance for the company.
London’s office markets are generally the most dynamic and expensive in the UK, but Birmingham remains a significant part of the country’s regional office space markets. According to a recent report from Knight Frank, those regional markets performed notably better than expectations in the second quarter of 2012.
Editor’s notes: As of July 2024, Vail Williams occupied Regus space at Edmund House on Newhall Street in Birmingham.