Legal firm Burness Paull to take space at BAM TCP’s 2 Atlantic Square development, Glasgow
Glasgow, 15 February 2022 - Top tier independent commercial law firm Burness Paull has completed a letting at BAM TCP Atlantic Square Limited’s 2 Atlantic Square, Glasgow, in the heart of the city’s International Financial Services District.
The highly respected legal firm follows engineering and project management consultancy Atkins Limited, which last year became its first occupier.
Burness Paull will take a 10-year lease on the 14,814 sq ft. fourth floor of the 96,650 sq ft prime, sustainably built office accommodation. It ranges across six floors with 7,000 sq ft retail and restaurant space on the ground floor.
‘After a two year search across the city we believe we have found the ideal home at 2 Atlantic Square’, explains Tamar Tammes, Managing Partner at Burness Paull. ‘Our goal was to find a new base for our colleagues in Glasgow that was not only tailored to our new hybrid working principles, but also met the highest standard of environmental credentials. It is an impressive building in an area undergoing rapid transformation into the heart of Glasgow’s business district. Moving there sets us up perfectly for modern flexible working and ensures that clients and colleagues have easy access to a full range of transport connections.’
The £150 million, Grade A Atlantic Square development totals 300,000 sq ft across three separate buildings. 10-storey 1 Atlantic Square covers 187,000sq ft and was pre-let to the UK Government as part of the HMRC Hubs program, forward funded by Legal & General Investment Management. It will house over 2000 Government employees.
Dougie Peters, BAM Properties’ Managing Director, said: ‘This letting to one of Scotland’s most prestigious legal firms is a reflection of the stature of the accommodation, for which there is continuing market interest. It shows that there remains a strong future for commercial office space in Glasgow and the quality of the accommodation forms part of occupiers’ approach to attracting and retaining talent.’
Atlantic Square was designed by BAM Design and Cooper Cromer Architects, constructed by BAM Construction Scotland and developed by BAM Properties in joint venture with Taylor Clark.
BAM Properties’ track record in Glasgow includes 110 Queen Street and Clarion, while it is behind the recent Capital Square development in Edinburgh.
Galbraith represented Burness Paull while BAM TCP was represented by CBRE, JLL and Ryden.
About Burness Paull
Burness Paull is a top tier independent Scottish law firm.
With 80 partners, over 300 lawyers and more than 590 people, Burness Paull advises clients throughout the UK and internationally across all key areas of commercial business.
The firm’s market-leading legal divisions include corporate finance; banking & funds; pensions; commercial and technology; intellectual property; property and planning; employment; health, safety and environmental; dispute resolution; family and private client.
About BAM Properties
BAM Properties is the development business for BAM in the UK and Ireland. It focuses on prime real estate developments in commercial, retail and leisure and residential sectors. Since its launch 1989, it has delivered over three and a half million square feet of high-quality, highly sustainable, award-winning accommodation.
BAM Properties manages the whole development process – end to end – identifying and assembling sites, developing the building design and securing planning permission, through to financing, construction delivery, letting and sales. We are highly experienced in shaping sophisticated developments through the funding, legal, design and construction stages.
BAM’s development offer is supported by an integrated ability to design, build and manage all the facilities, and offer specialist energy management consultancy providing for all the real estate needs of any occupier across and beyond a building’s lifecycle.
Tenants of BAM’s buildings include HMRC, Atkins, Nike, Armani, Grant Thornton, Deloitte, Pinsent Masons, ACCA, NFU, and Sky among others.
BAM Properties’ developments include the Latitude buildings in Leeds, London’s Chiswick Green and Ealing Gateway, The Shield in Newcastle plus Atlantic Square, Clarion and 110 Queen Street in Glasgow and Capital Square in Edinburgh.