CBRE is among the largest businesses of its kind in the UK and has operations around the world. Its Liverpool commitment relates to offices on the sixth floor of a recently completed building at 4 St Paul’s Square in the city centre.
The development of 4 St Paul’s was delivered through the English Cities Fund, a joint venture comprised of Muse Developments, Legal & General Property and the Homes & Communities Agency.
CBRE will join the likes of Santander Corporate in occupying office space at the site, with the international banking group having recently agreed to lease 14,155 sq ft within the building.
“We are delighted that CBRE has chosen No. 4 St Paul’s Square as its new Liverpool home,” said Phil Layall, development director of the English Cities Fund. “This is an example of yet another private sector occupier choosing to locate within St Paul’s Square, Liverpool’s premier commercial business district.”
“No. 4 St Paul’s Square is an impressive building, and after considering the various alternatives, we regard it as being the building that best reflects the contemporary and forward-thinking nature of our company,” said CBRE director Mark Worthington.
The English Cities Fund’s St Paul’s project was named the UK’s best office space development at the Property Awards of 2012. The scheme saw an investment of around £34 million. It was the first speculatively constructed building of its kind on Merseyside to be given a BREEAM Excellent rating for its sustainability credentials.
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Editor’s Note – In April 2023, the commercial real estate agency was still in occupation at the property.
CBRE also secured the position as joint letting agent along with local agent, Worthington Owen. The building is occupied by Santander, Avison Young, Gleeds and Marsh Mercer, amongst others, and has 14,155 square feet available to let on the 5th floor and 970 square feet of space available to rent on the first floor.
Office rent is quoted at £23 per square foot at the property.
In January 2025, it was announced that CBRE moved from an office on the sixth floor to one double the size on the fifth floor of 4 St Paul’s Square.
Senior Director Neil Kirkham said that the move was “primarily because we wanted to provide our amazing staff with the very best workplace environment that encourages collaboration and is simply a joy to work in.”
The new space has “delivered more formal meeting space, focus rooms to facilitate virtual meetings in an office environment, break out areas for people to sit, eat and break away from work, hydration station with TopBrewer GCC coffee machine, together with flexible space for socials.”
CBRE chose to double its footprint at the property that was owned by Schroders Capital at the time of the deal to “accommodate the ever-growing teams and new teams that have joined us in Liverpool in 2024.”