Skip Ribbon Commands
Skip to main content

News Release

Birmingham

Terraquest takes space at Quayside, Birmingham


Birmingham, 6 November 2014 - Business and property solutions provider, Terraquest Solutions Ltd has secured 8,616 sq ft of office space at Quayside Tower in Birmingham City Centre.
The deal, which has been secured on a 10 year lease and includes the entire eighth and part of the seventh floors will see Terraquest relocate its existing workforce from the Jewellery Quarter to the city centre.

Situated on Broad Street, Quayside Tower provides almost 100,000 sq ft of flexible commercial accommodation over 17 floors, with suites available from 2,300 sq ft. 

Matt Long, Director, from joint agent Colliers, said:
“Quayside offers a unique combination of cost-effective, high quality office accommodation right in the heart of one of Birmingham’s most vibrant districts.  Adjacent to Brindleyplace and just a few minutes from the Mailbox, Quayside puts a host of some of Birmingham’s most appealing amenities right on the occupiers’ doorstep.

“Quayside offers a range of suites from 2,300 sq ft to floors of 6,318 sq ft and multiples thereof, with the flexibility of the floorplates ensuring that the space can be made suitable for a range of occupiers, regardless of size or sector.”
Terraquest is expected to take occupancy of the suites by the end of 2014.

Simon White, Financial Director, Terraquest, said: “We were looking for affordable and accessible space in Birmingham city centre and Quayside Tower ticked all of the boxes for us. The building is in a perfect location and is highly accessible, allowing our staff a huge range of options in terms of travelling to work.”
Landlord, Peng Global Holdings is now preparing to undertake a comprehensive refurbishment of the common areas within the building, alongside a full remodelling of the reception and entrance area.

Victoria Burnett, Senior Surveyor, from joint agent JLL said: With an excellent car parking ratio of one space per 574 sq ft, Quayside’s position on Broad Street makes it exceedingly accessible from the A38M, which links to the national motorway network. The building also benefits from extensive public transport links with a number of bus routes stopping on Broad Street and New Street Station within 10 minutes’ walk.  Quayside’s connectivity will receive an additional significant boost thanks to the planned extension to the Midland Metro tram, which is due to stop at Centenary Square.”

Existing occupiers at Quayside include Yell, Signalling Solutions and serviced office provider, Regus and Health Fabric, which recently secured 3,068 sq ft – representing part of the building’s 12th floor – on a five year lease.