No4 St Paul’s approaches full house as DTM moves in
One full floor at No4 St Paul’s remains available after DTM Legal took around 3,000 sq ft on the third, adding to Liverpool’s shortage of high-grade office space.
The law firm has taken a third-floor suite, leaving around 14,200 sq ft on the fifth floor as the last large available space. There is understood to be strong interest with agents suggesting the building is likely to be full in the coming months. Quoting rent is £20/sq ft.
DTM, which has signed a 10-year lease, joins other occupiers including Pegasus, Gleeds, Santander, Marsh, and Gas Tag.
Co-working operator Avenue HQ also agreed a deal to take 23,000 sq ft over two floors last October, marking its second site in Liverpool after Mann Island.
No4 St Paul’s Square totals 107,000 sq ft, and if the fifth floor lets, it will be the first time the building has been full since it opened its doors in 2011.
CBRE acted for the building’s owner, Aberdeen Asset Management, while Worthington Owen acted for DTM Legal.
Neil Kirkham, area director at CBRE in Liverpool, said: “This letting is a real coup for No 4 St Paul’s. DTM Legal is one of the fastest-growing law firms in the North West.
“Thanks to the progressive approach from Aberdeen, No 4 St Paul’s offers both a fantastic physical space and a healthy and positive environment – a winning combination and up to the high standards now demanded by the modern occupier.
“The accommodation here is filling up fast but there is still an opportunity for forward-looking occupiers to become part of the 4 St Paul’s Square success story.”