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 The global financial services company will occupy the to five floors of Quartermile 3 

Quartermile has announced the pre-letting of 65,628 sq ft within its new £35m six-storey office building to global financial services company, State Street Bank and Trust Company (“State Street”), achieving Edinburgh’s biggest letting this year.

The Boston, Massachusetts, headquartered business will relocate all 800 staff from its current premises at 525 Ferry Road, Edinburgh, to the developer’s £750m mixed-use city centre development, Quartermile.

State Street will be based in the top five floors of the 72,991 sq ft Quartermile 3 Grade A office building, leaving only the remaining 7,363 sq ft ground floor to be occupied. The fit out of the Foster + Partners-designed office accommodation is being incorporated into the build programme meaning State Street’s occupation is expected to commence in early 2018.

Quartermile 3 is the final office building to be constructed at Quartermile.  Construction of Quartermile 3 is well underway and will complete the suite of 

 

four office buildings at the development.

Paul Curran, managing director of  Quartermile Developments, said: “State Street’s decision to move to Quartermile further endorses the strength of Edinburgh’s commercial property market and our development’s reputation as the optimum place in the city for progressive businesses.

“Quartermile has been specifically designed to provide commercial occupiers with an intelligent combination of positive factors including office design, public space and retail outlets which cannot be replicated elsewhere in the city.

 “This has proven hugely attractive to businesses, which is demonstrated by all the completed office buildings being 100 per cent occupied, and we are very proud that State Street will soon be benefiting from everything Quartermile offers.

“With Quartermile 3’s ground floor representing the final opportunity for 

 

businesses to locate to our development, we are talking to a number of potential occupiers and hope to be able to make further positive announcements in the near future.”

State Street was founded in 1792, has revenues of $10.76bn (£8.62bn) and offices in 30 countries across the globe. The company is responsible for 11 per cent of the world’s assets*

Click here to download the Quartermile 3 brochure.

*State Street and McKinsey Global Institute, Global Capital Markets, June 30, 2015

Quartermile has announced the pre-letting of 65,628 sq ft within its new £35m six-storey office building to global financial services company, State Street Bank and Trust Company (“State Street”), achieving Edinburgh’s biggest letting this year.

The Boston, Massachusetts, headquartered business will relocate all 800 staff from its current premises at 525 Ferry Road, Edinburgh, to the developer’s £750m mixed-use city centre development, Quartermile.

State Street will be based in the top five floors of the 72,991 sq ft Quartermile 3 Grade A office building, leaving only the remaining 7,363 sq ft ground floor to be occupied. The fit out of the Foster + Partners-designed office accommodation is being incorporated into the build programme meaning State Street’s occupation is expected to commence in early 2018.

Quartermile 3 is the final office building to be constructed at Quartermile.  Construction of Quartermile 3 is well underway and will complete the suite of four office buildings at the development.

Paul Curran, managing director of  Quartermile Developments, said: “State Street’s decision to move to Quartermile further endorses the strength of Edinburgh’s commercial property market and our development’s reputation as the optimum place in the city for progressive businesses.

“Quartermile has been specifically designed to provide commercial occupiers with an intelligent combination of positive factors including office design, public space and retail outlets which cannot be replicated elsewhere in the city.

“This has proven hugely attractive to businesses, which is demonstrated by all the completed office buildings being 100 per cent occupied, and we are very proud that State Street will soon be benefiting from everything Quartermile offers.

“With Quartermile 3’s ground floor representing the final opportunity for businesses to locate to our development, we are talking to a number of potential occupiers and hope to be able to make further positive announcements in the near future.”

State Street was founded in 1792, has revenues of $10.76bn (£8.62bn) and offices in 30 countries across the globe. The company is responsible for 11 per cent of the world’s assets*

Click here to download the Quartermile 3 brochure.

*State Street and McKinsey Global Institute, Global Capital Markets, June 30, 2015

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