City centre take-up in Glasgow totalled 124,421 sq ft in Q3, up 50% from the same period in 2012. This takes the year-to-date total to approximately 325,227 sq ft; 11% higher than the corresponding period in 2012. The final take-up figure for 2013 will be around the 400,000 sq ft level.
ATOS IT Services, Midland Valley and HBJ Claim Solutions all took grade A office space in Q3; the first time we have seen significant grade A take up in two years
Q3 take-up in Lanarkshire was 28% lower than the corresponding period in 2012 with only a handful of deals concluded, including 4,500 sq ft at Maxim and two deals at Cambuslang totalling 4,600 sq ft and 2,900 sq ft.
There continues to be stronger demand for locations west and south of Glasgow. Kent Foods has taken circa 7,000 sq ft at Titanium, Braehead Business Park, and there have also been a number of deals within the Hub at Pacific Quay ranging from 200 sq ft up to around 3,000 sq ft.
For a detailed breakdown of Q3 2013 take-up by grade, please click here or on Chart 1 to the left of this article.