LGIM Real Assets (Legal & General) – the developer behind the major refurbishment of one of Birmingham’s most well- known landmark buildings, The Lewis Building, has secured a 32,000 sq ft letting to premium flexible workplace provider, Regus SPACES. Regus has signed up to a 12 year lease on the ground, first and second floors at £26.00 per sq ft. Regus will join existing operator, the Ministry of Justice, who already occupy the third floor, leaving 62,000 sq ft available To Let. Regus is the world’s largest provider of flexible workspace solutions, and the network includes almost 3,000 business centres, spanning almost 900 cities across 120 countries. The Lewis Building base will operate under the premium SPACES brand, enabling businesses to work where, when and how they want via a range of formats, as well as offering a calendar of business events, speakers and networking lunches. Situated on Bull Street, within Birmingham’s central business district, The Lewis Building opened its doors last September following a comprehensive £20m refurbishment to deliver circa 113,000 sq ft of contemporary Grade A office space across seven floors – including a new 12,400 sq ft top floor extension. Tom Williams, Senior Asset Manager, LGIM Real Assets, said: “Our investment in the renovation of this flagship building has paid dividends, attracting occupiers looking for contemporary, quality office space at the heart of Birmingham. “We are pleased to welcome the Regus brand to The Lewis Building who, through their premium SPACES offering, are challenging the way we work in the 21st century – a philosophy that complements the flexible, contemporary spaces we have created here. Businesses and individuals will be able to take advantage of the sustainable new amenities including ground floor cycle parking for up to 60 bikes, shower and changing facilities and car parking spaces together with flexible, reception spaces and concierge support. “We are in active discussions around the remaining space and look forward to making further occupier announcements in due course.” Set behind a classic Portland Stone façade, the remodelling of the existing space has created floorplates of up to 17,000 sq ft – some of the largest in the city’s business district – and presents high-specification finishes throughout. The double-height reception features full-height glazing whilst providing flexible collaborative workspaces including a library, and lounge/exhibition space. New occupiers at The Lewis Building will enjoy superior connectivity, as the Bull Street Metro stop is adjacent to the building entrance, whilst Birmingham Snow Hill and New Street mainline rail stations are located less than five or ten minutes’ walk respectively. Award-winning architectural practice EPR were behind the designs of the new building, whilst contractor Willmott Dixon undertook the works. CBRE and GVA are the appointed leasing agents.
Flexible office provider Regus, part of IWG, has signed a 12-year lease with LGIM Real Assets (Legal & General) to occupy three floors of Birmingham's iconic Lewis Building. Regus will operate the 32,000 sq ft location under its Spaces brand, offering a range of workspace options for business customers. The Lewis Building reopened in September, following a £20m ($28m) renovation. In addition to the new space, the company is also investing an additional £550,000 into the existing building, which it plans to renovate and expand further.