Bristol is sighted as ‘prime business location’, our manufacturing warehouses are pleased to see
A Harbourside £13m office deal has been signalled as Bristol’s arrival as a prime business location, our manufacturing premises are glad to see.
This is important as it is a clear indication that Bristol is punching through the recession. Using investment as a catalyst for further investment is giving Bristol a reputable reputation as a business hub. With big businesses moving to, and expanding in the area it is also good news for smaller business as more money and people flock to Bristol.
The freehold of a large office building at Bristol’s Harbourside has been sold for £13m in an indication, according to its developer Crest Nicholson, of the emergence of the area as Bristol’s prime financial centre.
The 50,000 sq ft building, 2 College Square, which has a BREEAM ‘excellent’ rating, has been acquired by international real estate fund manager PRUPIM.
Crest Nicholson regeneration chairman at Crest Nicholson described the 2 College Square sale as ‘a great result in the current market’. He added: “This letting and sale enhances Harbourside’s growing reputation as the financial business location of choice but also for the city’s role as commercial powerhouse for the South West.”
Jobs, prospects and expansion are all factors which have signalled Bristol’s arrival as a prime business location.
Source: Bristol Business News