Zurich Insurance is the
latest occupier to commit to Abstract's St Vincent Plaza office
development in Glasgow's IFSD.
Zurich is relocating from The Eagle Building in Bothwell Street
in mid-2018, taking the entire 7th floor, comprising 17,222 sq ft
on a 10 year lease.
St Vincent Plaza is a speculative 'Grade 'A' office development
of 172,307 sq ft across lower ground, ground and 10 upper floors.
The building occupies a prominent position in Glasgow city centre
and has been designed to support highly efficient day one occupancy
levels from 1 person per 6 sq.m.
With a BREEAM 'Excellent' and EPC 'A' environmental
accreditation, there are strong levels of interest in the two
remaining floors.
Mark Glatman, Chief Executive of Abstract, commented: "We are
delighted that Zurich has chosen St Vincent Plaza. They join
KPMG, Whyte and Mackay, Wood Group, Mott Macdonald and the
Registers of Scotland, adding to an impressive list of occupiers in
the building and we are now down to only two floors
remaining. With no new speculative space under construction
in the City, the choice for occupiers in the City is becoming very
limited.''
Joint agents for St Vincent Plaza are CBRE and Ryden. JLL
represented Zurich.