June 26, 2019
WeWork completes largest office deal in Birmingham this year
WeWork has agreed a deal to take over all seven floors of Six Brindleyplace in Birmingham. The deal is the coworking provider’s third in the City this month alone, following deals for 55 Colmore Row and Louisa Ryland House, both in the Colmore Business District in the city centre. The deal for the 97,000 sq. ft. of Six Brindleyplace is believed to be the largest office deal in Birmingham so far this year, bringing its total offering in the city to 200,000 sq. ft.
Originally designed by Allies and Morrison, Six Brindleyplace features a double height reception area, open plan floor plates arranged around a glazed central atrium, an array of ground floor cafes and restaurants and 95 basement car parking spaces. WeWork will begin a refurbishment of the building immediately which is scheduled to open for business in the first quarter of 2020.
Mary Finnigan, Head of Transactions, WeWork EMEA, Real Estate says: “I’m pleased to announce WeWork’s largest location in Birmingham to date. Our third space will be located at Six Brindleyplace. At WeWork, we source buildings depending on the needs of our members. We recognised the demand to expand in Birmingham, and our hope is that our community across the UK and Ireland – which is now 50,000 members strong – will benefit from having access to our spaces in Birmingham, a city which has proven to be very attractive for entrepreneurs, startups and large businesses. We’re looking forward to welcoming our members to the space next year.”
Raj Rajput, Head of Asset Management for Hines, said: “Six Brindleyplace provides a rare opportunity to offer a bespoke headquarters building in the heart of the city; to welcome an innovative and thriving company such as WeWork to Brindleyplace is a great endorsement for the estate as a location that business calls home. Flexible working is a trend which has dominated city centre office markets across the UK in recent years and there is clearly healthy demand in Birmingham for collaborative flexi space which WeWork is synonymous with.