Year’s biggest office deals for CityPark

The CityPark building in Glasgow
The CityPark building in Glasgow

TWO major deals involving more than 100,000 sq. ft. of office space to house over 2,000 employees have been secured for landmark CityPark building in Glasgow.

In the city’s biggest office deals of 2015, computer giant Dell has committed its long-term future to CityPark, with global contact centre specialist Webhelp UK to move its entire Glasgow operations to the building.

Dell has signed a new 10-year lease for 67,500 sq. ft. of office space on the second floor of the building. The American-owned company currently employs 1,400 B2B contact centre staff at the site and was the original anchor tenant when CityPark first opened for business.

At the time, persuading the Texas-based company to move to Glasgow ahead of a host of other European suitors was seen as a major achievement for the Scottish Government.

In a separate deal at CityPark, Webhelp UK, which operates in 58 locations (including six in Scotland) across 17 countries, has agreed to lease 35,000 sq. ft. on the first floor of the building in a 5-year agreement.

The company plans to have all 800 staff relocated from Atlantic Quay to the new office space at CityPark by March this year. Extra car parking at the site has also been negotiated to accommodate the organisation.

The lettings are another boost to Asset Manager APAM Ltd following its significant investment in the property, which resulted in a complete refurbishment of the entrance hall, reception area and a re-launch of the building last year.

Adding to existing amenities, including a café, shop, barbers and physiotherapist, a children’s nursery will also open at CityPark.

There is still around 60,000 sq. ft. available within the building.

William Powell, APAM’s Executive Director, said, “I am delighted Dell remains committed to Scotland and importantly to CityPark. It is a significant agreement and alongside Webhelp UK’s decision to re-locate, the deals are a major coup for us. It proves CityPark is going from strength to strength as a key business location in Scotland.”

Lambert Smtih Hampton (LSH) secured the Webhelp UK deal. LSH’s Aasia Mohammad, added, “Webhelp UK’s relocation highlights the flexibility and appeal of CityPark as a key business venue in Glasgow. That coupled with Dell’s decision to enter into a new long-term lease agreement provide a very positive start to 2015 for the building and for the commercial property market in Glasgow in general.”

Asset Manager APAM was represented by LSH and CBRE, while JLL acted for Webhelp UK.