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News Release

Edinburgh

Jones Lang LaSalle Offers ‘virtual’ viewings for Exchange Crescent


Edinburgh, 17 January 2013 - Leading property consultancy, Jones Lang LaSalle has become the first commercial property agency in Scotland to integrate the iPad into the viewing experience for prospective occupiers.

The accommodation calculator is being used by Jones Lang LaSalle’s Office Agency team to assist with viewings of Exchange Crescent, Edinburgh - the largest single Grade A building available in the city centre with a total floor space of 116,374 sq ft.
 
The application, developed by Designworks, provides potential occupiers with a visual mock-up of different suite configurations tailored to individual space or desk requirements. It is particularly well suited to larger office developments such as Exchange Crescent where tenants often struggle to visualise how their office requirement would fit within the large amount of space available. If the application receives positive feedback from clients, Jones Lang LaSalle plans to integrate it within other office viewings in Edinburgh and Glasgow.
 

Completed in 2000, and with seven stories of flexible, high quality, open plan office accommodation, Exchange Crescent is located at the heart of Edinburgh’s financial district and the hub of Edinburgh’s main commercial sector. The building is to be leased on a full repairing and insurance (FRI) basis by Jones Lang LaSalle at a rate of £26 per sq ft.

 

At 33,000 sq ft Exchange Crescent has the largest floorplate of any Grade A building in Edinburgh, and offers twice the parking ratio of any new build office space in the city. As well as being the only Grade A building in Edinburgh with a dual power supply (providing added resilience for occupiers), it is pre-cabled for power and data, saving occupiers significant costs on their fit-out.

 

Other occupiers in Exchange Crescent include Jones Lang LaSalle, law firm Shepherd & Wedderburn, accountancy practice Grant Thornton and financial analysts Barrie & Hibbert Limited which are part of Moody’s.

 
Craig Watson, Associate Director of Jones Land LaSalle in Edinburgh, commented: “Market conditions remain challenging for commercial property, so it is vital to stay ahead of the competition. However, we’re not just employing technology for the sake of it. In a building as large as Exchange Crescent, it’s a tough ask to expect occupiers to visualise how their requirement could be configured within the larger space. We’re confident that this app can assist with the letting of the property, by making the viewing experience instantly more memorable.”
 
Brian Louden, Director of Designworks, said: “'If the content is well designed, the use of tablets and easy to use applications such as this will prove to be an important marketing tool”.