Friday, August 14, 2020

Major law firm named second anchor tenant of landmark Sheffield scheme

Law firm, CMS, is set to become the second anchor tenant in the Heart of the City II scheme being delivered by Sheffield City Council.

CMS, which has over 70 offices located across over 40 countries, is relocating from its current base at Victoria Quays and taking 47,500 sq ft of premium Grade A office space in the landmark scheme.

CMS will occupy the 26,000 sq ft that makes up 1 Charter Square, plus an additional 21,500 sq ft of adjoining space. The new office will be entirely self-contained and separate to the first anchor tenant, HSBC, with a bespoke entrance, reception and signage facing onto Wellington Street and connecting to the impressive public realm of Charter Square.

“This announcement marks a major vote of confidence in the Heart of the City II scheme,” said Nalin Seneviratne, Director of City Centre Development at Sheffield City Council.

“CMS, along with HSBC, brings a wide range of people, long-term into the city centre, creating an exciting buzz and interest in the proposed bars, restaurants, shops, leisure and hotels within the scheme.”

He added: “The office space is now fully let, and we have secured Monki, Weekday and Marmadukes in the ground floor units that are more suited to the type of specialist retail, and food and drink occupiers that want to be within this quality scheme.”

Paul Sargent, Chief Executive of Queensberry, the council’s strategic development partner for the scheme, said: “Our ambition has always been to deliver a new commercial district that can evolve over time in line with the wider region’s economy – this is a great example of the way that strategy is becoming a reality.

Mark Haywood, Partner and Head of the North at CMS, said: “We are delighted to reaffirm our commitment to Sheffield – and the North of England generally – in the most tangible way possible, by taking a new home for our people in the City for the next 20 years, with space to grow.”

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