Half year take-up for 2013 stands at 200,800 sq ft, down by circa 30,000 sq ft compared to the same period last year.
Glasgow city centre office take-up in Q2 2012 totalled 116,735 sq ft; similar to the sameperiod in 2012.
Demand remains high for sub 5,000 sq ft Grade B accommodation, with 85% of the 26 deals transacted for space within this size bracket. The west of Glasgow’s out of town office market witnessed stronger demand, with 8,450 sq ft being let to Aquira Direct Marketing at Pacific Quay and BMJ Architects relocating to 5,500 sq ft of space at the Hub development in Pacific Quay.
Take-up to the East in Lanarkshire was around 32,000 sq ft and included two deals at Coltness House, Strathclyde Business Park to CSE Controls and Sphinx Medical. Both deals were sub-5,000 sq ft.
For a detailed breakdown of Q2 2013 take-up by grade, please click here or on Chart 1 to the left of this article.