Crown Estate Scotland secures Bute Energy at 39 George Street in Edinburgh
JLL acts as joint letting agent for Crown Estate Scotland in a deal with Bute Energy for 4,587 sq ft
Crown Estate Scotland announce their most recent letting at George St, Edinburgh, with Bute Energy signing a five-year lease. Bute Energy, a specialist company in onshore wind and solar energy parks aims to provide low-cost renewable energy to local communities.
This latest deal now leaves only one remaining suite within the building. The first-floor suite comprises 2,628 sq ft of space and benefits from partial fit-out, also with superb views overlooking George Street.
The property benefits from excellent levels of natural lighting, comfort cooling, raised access flooring and suspended ceilings. In addition, it also boasts high quality existing fit-out which can be retained or stripped back to open plan configuration. Bute Energy will also benefit from the building’s strong connectivity. Based in the heart of Edinburgh’s business district, the area offers strong transportation links in addition to a range of amenities in the surrounding area.
Fiona Simpson, Asset Manager for Crown Estate Scotland said, “We’re thrilled to have secured Bute Energy for our building on George Street. Their aim of providing renewable energy and working with local communities fits in well with Crown Estate Scotland’s own ethos.”
Ewan Scott of JLL which advised Crown Estate Scotland jointly with Cushman & Wakefield, on the lettings added, “It is great to see another letting at 39 George Street in the current market and this is testament to the proactive and flexible approach Crown Estate Scotland have taken to their leasing strategy.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.