The landscape for office occupiers remains uncertain irrespective of the business sector, size or geographic location. Our experience is showing that many occupiers still don’t fully understand how their business will function in the medium to longer term, which is typically the time horizon on which office space is leased.
In turn, this has led to occupiers temporarily renewing leases or taking serviced offices, in addition to rationalising existing offices to suit new patterns of hybrid working. Key emerging trends both locally and nationally is the preference for higher-quality office space to better the wellbeing of employees and buildings with good sustainability credentials to meet ESG commitments.
We have long seen Central Milton Keynes as an attractive and sustainable location for employers, with the quality of the built office stock gradually improving over recent years as landlords invest in their buildings.
At Exchange House, Midsummer Boulevard, our client, Laidlaw Estates, has undertaken an extensive refurbishment programme during its ownership to deliver high-quality office space with excellent amenities.
Ideally located within a short walk of the shopping centres and train station, Exchange House has experienced great success in attracting five new companies to the building in the past 18 months. Approximately 38,000 square feet has been let the University of Bedfordshire, HS2, GRP Group, Bright Young Things and GI Recruitment.
Wellbeing is at the heart of the scheme with a refurbished café, newly landscaped outside courtyard area, central atrium with break out areas and a number of restaurants on the doorstep.
Major investment has been made into building fabric in order to improve the Energy Performance Certificate to a B rating including new windows and atrium roof, new air conditioning and LED lighting.
Whether your business is large or small, Exchange House is able to offer space from 1,500 to 60,000 square feet on bright and airy floorplates up to 27,000 square feet.
For further details, visit the website www.exchangehouse-mk.uk
For more information, visit Lambert Smith Hampton