Sheffield occupiers on the move

A recent survey by property consultant Lambert Smith Hampton revealed an above average 93,000 sq ft of Sheffield office lettings in Q3 2015. This figure is 43% up on the Q2 total.

The July to September total was dominated by lettings to two professional services firms; with 13,000 sq ft let to Wake Smith at Velocity in the city centre and 12,000 sq ft to Frogomen at Savile House in Attercliffe. The survey reveals there were 25 deals in the quarter at an average of nearly 4,000 sq ft.

Other recent occupier activity being tracked by Metropolis includes: Sky expanding at Technology Hub at the Electric Works, Sheffield Digital Campus; Arnold Magnetics expansion at Vector 31 Business Park; law firm Slater and Gordon has a local requirement for around 10,000 sq ft of offices and a new 45,000 sq ft headquarters for Westfield Health.

New office schemes due to provide Grade A space in 2016 include the ten storey 76,000 sq ft 3 St Paul’s Place where Arup, the engineering consultant, has signed to take a 16,000 sq ft pre-let of offices on the top floors. Construction is due to commence on Scarborough Group’s next phase of Digital Campus, providing a further 128,375 sq ft of offices , along with the 65,000 sq ft redevelopment of 65,000 sq ft at Steel City House.

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