The Hodge House and 2 Caspian Point office buildings in Cardiff have been boosted with new tenant deals.
Goldbeck Construction has signed up to 1,423 sq ft of space on the fourth floor of 2 Caspian Point on a five year lease. The building in Cardiff Bay forms part of the wider Parmer Cardiff Waterside property estate.
The British construction company works across the UK and Europe and has bases in Birmingham and Manchester. It is working on car park construction schemes in South Wales including at Mermaid Quay and Atlantic Wharf in Cardiff Bay.
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The 2 Caspian Point building extends to 30,500 sq ft and is next to the 68,015 sq ft, 1 Caspian Point building. Joint letting agents Knight Frank and Cooke & Arkwright secured the tenancy of Goldbeck on behalf of landlord Parmer Cardiff Waterside.
Craig Davis of Goldbeck said: “We decided to locate an office in Cardiff Bay as we push to become more regionalised in the UK market. We want to be closer to our clients, and Wales - especially Cardiff - is an exciting time right now with lots of major developments ongoing and in the pipeline. We have been successful on a few project wins locally which we plan to build on in the coming years, introducing more of our off-site system build products to the market.”
Mark Sutton, office agency partner in Knight Frank’s Cardiff office, said “The landlord’s recent commitment to transform the office suites and create a contemporary business environment has produced quality office space with generous car parking in an excellent location. A willingness to take a flexible approach to meeting new tenants’ requirements has been paying dividends and this recent deal reinforces the thought behind this approach.”
Mark Siddons of Cooke & Arkwright added: “The Caspian Point development is located close to the National Assembly for Wales, with other nearby occupiers including KPMG, Atradius, ITV Wales, Creditsafe, Arup and Acuity. Alongside established occupiers, it is encouraging to see the recent deal demonstrating continued faith in the Bay area from occupiers, and the continued demand for well-specified office accommodation.”
The Parmer Cardiff Waterside estate extends to more over 300,000 sq ft of office space across six office buildings along with a 1,250 space multi storey car park.
Hodge House
In another letting deal global consultancy Arcadis has signed up to the revamped Hodge House office building the centre of Cardiff.
Arcadis has taken a 10-year lease on 6,631 sq ft of space on the listed building’s fourth floor. Landlord Legal & General were represented in the transaction by Fletcher Morgan and Knight Frank while Cushman & Wakefield acted for Arcadis. The building, which extends to 110,000 sq ft, has been revamped by its owner with £20m of investment.
Arcadis specialises in delivering solutions in the built and natural environment, with 36,000 staff operating in 70 countries. It has 12 offices in the UK and its Cardiff team is moving to Hodge House from St Mellons Business Park.
Gavin Harris, Cardiff office director for Arcadis, said: “I am delighted and excited that Arcadis will be moving to this city centre location in such a beautifully refurbished historic building.
“This will put Arcadis in the centre of Cardiff, close to our clients. It will also enable our staff to choose public transport and sustainable travel options to come to work.”
Lettings at Hodge House are jointly managed by property consultancies Knight Frank and Fletcher Morgan, on behalf of Legal & General. John James of Fletcher Morgan said: “The steady stream of blue-chip new arrivals to Hodge House continues and Arcadis joins tenants that include Ogi, Intelligent Ultrasound, Currencycloud, Bute Energy, Harrison Clark Rickerby and Menzies.”
Matt Phillips, head of Knight Frank in Cardiff, added: “Hodge House has been transformed by the investment in modernisation that has delivered high quality, flexible space in a superb central location opposite the Stadium and, with all the amenities of central Cardiff at hand. It is a very attractive proposition to occupiers.”
Alfie Passingham, associate at Cushman & Wakefield, said: “Hodge House is one of the very best refurbishments in the region and it’s clear to see why Arcadis chose this as its new base in the city centre.”
