A further deal has been concluded by Knight Property Group at 4-5 Lochside Avenue.
The entire second floor, which extends to 14,849 sq ft has been leased on a ten-year deal. Only one suite now remains available at the £20m landmark sustainable office building in Edinburgh Park.
James Barrack, Founder & Chairman of Knight Property Group, said:
“We are delighted to have secured yet another successful deal at 4-5 Lochside Avenue, underscoring the investment and commitment made by us in this cutting-edge, sustainable building. This project was designed with future-proofing in mind, aligning seamlessly with the corporate ESG goals of our occupiers.
“With only one office suite remaining – a 4,724 sq ft space on the first floor, it is clear that 4-5 Lochside Avenue continues to attract forward-thinking companies committed to sustainability.”
Knight invested a substantial amount of money into the comprehensive redevelopment of the three-storey pavilion-style building, transforming it into one of Edinburgh Park’s most sustainable and modern office buildings. It is all-electric, with an EPC ‘A+’ rating and offers occupiers a net zero in operation office, aligned to Net Zero targets and Scottish Government ‘New Build Heat Standards.’
Cameron Stott, Head of Scotland at JLL said:
“Knight Property Group has a reputation for delivering high quality office accommodation. Care and consideration has gone into each and every detail of the specification of 4-5 Lochside Avenue, to ensure delivery of a future-proofed building to meet the exacting quality and sustainability demands of discerning occupiers.”
Beverley Mortimer, Associate Director of CBRE added:
“The occupier had specific business requirements and ESG ambitions, and were very impressed with what Knight have delivered at the building.”
4-5 Lochside Avenue is centrally located within one of Edinburgh’s most prestigious business locations, benefiting from excellent public transport links and staff amenities. Occupiers in the building are Pulsant and Lumacron with other occupiers in Edinburgh Park include major companies, such as Sainsbury’s Bank, HSBC and Diageo.
