Tenant for Exchange building
Turner & Townsend takes space at Atria One
Atria One: new tenant
Project management company Turner & Townsend has taken space at Atria One in Edinburgh’s Exchange district.
It is leasing 5,800 sq ft of second floor space on a ten year lease and is currently fitting out the office ready for occupation this month.
Atria One is home to PwC, EY, IBM, Brewin Dolphin, The Law Society of Scotland and a Co-operative food store.
Allan Matthews, director in CBRE’s Edinburgh office, said: “It is great news that we can announce this letting to Turner & Townsend, a globally renowned organisation.
“The letting was secured following a flexible approach from the landlord, who was happy to subdivide the space in order to provide the exact requirement for the firm.
“The letting further decreases an already very much depleted current supply pipeline of space in Edinburgh, with the city suffering from a severe shortage of Grade A space.
“Despite some limited space remaining available in the building, we are currently in positive discussions with other occupiers and hope to make further announcements in the near future.”
Turner & Townsend is relocating from Osbourne Terrace in the city and requires a larger office due to business expansion.
CBRE, alongside joint agent Savills, acted for the landlord Deka in the transaction whilst Ryden advised Turner & Townsend.