Barclays Wealth has signed to take the eleventh floor of Rumford Investment's 20 Chapel Street in Liverpool city centre.
The wealth management subsidiary will pay £20/sq ft for 8,000 sq ft and becomes the latest financial services firm to occupy the 150,000 sq ft tower, behind accountant Ernst & Young, Bank of Ireland and stockbroker Panmure Gordon.
Chris Lloyd, associate director at DTZ, joint letting agent with Hitchcock Wright & Partners, said: "20 Chapel Street is becoming the equivalent to Manchester's Marsden Street; the place to be if you are in the financial services sector."
The deal is marginally below the new ceiling for Liverpool offices of £22/sq ft and reflects the size of the space taken but also the buyer's market. The incentives such as rent-free periods were not disclosed.
Mason Owen advised Barclays Wealth.