Socius and Patron Capital are excited to announce that its workspace at Edward Street Quarter is close to being fully let at completion, having secured Brighton’s largest lettings deal in 10 years.
Working with commercial lettings agents, SHW and Cushman & Wakefield, Brighton’s newest neighbourhood has signed leasing deals with three new office tenants, including 82,000 sq ft of office space, across three buildings, to the UK's biggest green energy supplier, Octopus Energy. In March, this deal won ‘Lease of the Year’ at The CoStar Impact Awards 2023 and has seen Edward Street Quarter shortlisted for ‘Commercial Development of the Year’ and ‘Property Deal of the Year’ at Insider’s South East Property Awards.
Recently, it was revealed that Natwest Group has struck a deal for 2,700 sq ft of space, while legal and professional services group, Knights has agreed a leasing deal for 7,500 sq ft, at the mixed-use development.
With an iconic pier, the infamous Lanes and the seaside lifestyle, Brighton has fast become a hub for contemporary living and agile working. At the heart of the city is Edward Street Quarter, a £120 million development that also offers 40,000 sq ft of leisure and retail space and 168 new homes.
Barry Jessup, managing director of Socius explains: “Our approach is always to deliver market-leading space, achieving the highest possible benchmarks for sustainability and wellbeing, and creating roof terraces and green public realms that support modern agile working. The long-term commitments from Octopus Energy, Natwest Group and Knights underlines the exceptional nature of Edward Street Quarter’s workspace.”
Kevin Cooke, development director at Patron Capital said: “To reach practical completion with just under 10% of space available is a strong endorsement of the strategy we set out with Socius for this development, as well as its execution, and we look forward to welcoming occupiers, residents and visitors to Edward Street Quarter.''