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Commercial Property

Cardiff office schemes Hodge House and 2 Caspian Point boosted with new tenants

Goldbeck Construction and Arcadis has committed to new offices in the city

The Hodge House and 2 Caspian Point office buildings in Cardiff have been boosted with new tenant deals.

Goldbeck Construction has signed up to 1,423 sq ft of space on the fourth floor of 2 Caspian Point on a five year lease. The building in Cardiff Bay forms part of the wider Parmer Cardiff Waterside property estate.

The British construction company works across the º£½ÇÊÓÆµ and Europe and has bases in Birmingham and Manchester. It is working on car park construction schemes in South Wales including at Mermaid Quay and Atlantic Wharf in Cardiff Bay.

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The 2 Caspian Point building extends to 30,500 sq ft and is next to the 68,015 sq ft, 1 Caspian Point building. Joint letting agents Knight Frank and Cooke & Arkwright secured the tenancy of Goldbeck on behalf of landlord Parmer Cardiff Waterside.

Craig Davis of Goldbeck said: “We decided to locate an office in Cardiff Bay as we push to become more regionalised in the º£½ÇÊÓÆµ market. We want to be closer to our clients, and Wales - especially Cardiff - is an exciting time right now with lots of major developments ongoing and in the pipeline. We have been successful on a few project wins locally which we plan to build on in the coming years, introducing more of our off-site system build products to the market.”

Mark Sutton, office agency partner in Knight Frank’s Cardiff office, said “The landlord’s recent commitment to transform the office suites and create a contemporary business environment has produced quality office space with generous car parking in an excellent location. A willingness to take a flexible approach to meeting new tenants’ requirements has been paying dividends and this recent deal reinforces the thought behind this approach.”

Mark Siddons of Cooke & Arkwright added: “The Caspian Point development is located close to the National Assembly for Wales, with other nearby occupiers including KPMG, Atradius, ITV Wales, Creditsafe, Arup and Acuity. Alongside established occupiers, it is encouraging to see the recent deal demonstrating continued faith in the Bay area from occupiers, and the continued demand for well-specified office accommodation.”