Real estate firm CBRE has relocated its West of England and Wales team to a new high-spec office in Bristol city centre.
The company's project management team led the fit-out of the 7,500 sq ft workspace within the EQ building in Redcliffe. CBRE worked with Lancer Scott Contractors, interior designers Fable & Form, and VIDA MEP Engineers on the project over a period of three months.
The new CBRE office, which will house more than 100 staff, sits on the first floor overlooking the building’s atrium.
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Tom Morris, managing director, Midlands and South at CBRE, said: “Moving into EQ marks a major milestone for our Bristol and Wales team.
"This innovative building, with its outstanding sustainability credentials and cutting-edge amenities, is exactly the kind of environment our people thrive in. It reflects the best practice commercial property experience we recommend to our clients, while offering our people a workplace that supports wellbeing, collaboration, and growth.
“We’ve seen significant expansion in the South West, and EQ gives us the space and flexibility to continue that journey. It’s a place where we can bring our people together, strengthen our culture, and deliver even greater value to our clients.”
The EQ building is Bristol’s first new office development aiming to be net zero carbon in operation.
Tenants of the 200,000 sq ft building include law firm Knights, HSBC, Arup, Evelyn Partners, Dojo, Rathbones, Rund and Baxter Storey. The property has capacity to accommodate more than 2,000 workers.
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Charlotte Acreman, project manager at CBRE, added: “Our aim was to create a space that truly reflects how we want to work as a team, while making the most of EQ’s best-in-class facilities.
"From the client lounge to the wellness room, we’ve prioritised flexibility, wellbeing and sustainability in every decision. The result is an office we’re proud of – one that’s future-ready for our people and our clients.”
The news of the move comes as office rents in Bristol continue to soar. A report published earlier this year found the city was more expensive than any other big city outside of London.
Last year, headline rents in Bristol increased to £48 per sq ft. A lack of "good quality" space also drove up prices on refurbished buildings which in many instances achieved rents of £40 per sq ft.