Partner Article

Investment in iconic Liverpool property pays dividends for landlords

Within weeks of completing nearly £2m of office refurbishment projects at India Buildings, Green Property has confirmed completing a deal with DLA Piper to retain them in the property until at least 2020.

Mike Tapp, Director of Green Property said: “Our priority with India Buildings from the outset has been to retain existing tenants wherever possible, and then to look to attract new occupiers, from both within and from outside the Liverpool market. To achieve either of these objectives has required significant commitment to the building, not just in terms of everyday maintenance, but also in improving the quality of the offices”.

Ben Miller, Partner and Head of DLA Piper’s Liverpool office said: “It is no secret we looked carefully at our options for relocating our Liverpool office. When it came to it there weren’t many Grade A opportunities available, and when considered carefully what Green were able to offer us at India Buildings proved the most attractive. It is evident that our current landlord is committed to, and investing heavily in the building”.

Green has recently undertaken three separate refurbishment projects: providing a whole floor of 35,000 sq ft of Grade A Premier space; a suite of 8,000 sq ft of Grade B Business Space; and 10,000 sq ft of small flexible, fully fitted serviced offices in the Hub

CBRE and Jones Lang LaSalle are joint letting agents for the building.

This was posted in Bdaily's Members' News section by Simon Malia .