Morton Property Consultants are delighted to be instructed by EPIC, a fully integrated owner, manager, operator and developer of commercial, residential, retail and industrial real estate. Our role will be as letting agents on the top two floors of 1 Linear Park, a prime city centre office located within walking distance of Bristol Temple Meads train station. The modern open plan office space equates to a total of 16,700 sq ft with 19 car parking spaces and will be coming to the market in Qu2 2019. Phil Morton, Director comments ‘This is a fantastic opportunity to bring such great space to the market, at a time when the supply is low in Bristol City centre and demand to be close to the railway station continues. 1 Linear Park will certainly be in pole position for any occupier looking for top quality accommodation in a prime location.’
Author: Phil Morton
Morton Property Consultants retained by Aberdeen Standard on 15 storey landmark office building.
Morton Property Consultants have been retained by Aberdeen Standard on 1 Redcliff Street, a landmark office building in the heart of Bristol city centre. The 15 storey high profile office has completed a major £20m refurbishment.
Phil Morton, Director, commented; ‘I am delighted to have been instructed on what is a truly landmark office building. Aberdeen Standard have made a significant investment into the building to provide office space for today’s occupiers, providing an impressive new entrance and reception together with a stunning additional top floor, that will be fully glazed from floor to ceiling providing outstanding panoramic views of the city and beyond.’
Newly refurbished offices of up to 20,000 sq ft are currently available.
For further information, visit www.mortonpc.co.uk
AECOM Instructs Morton Property Consultants to advise on Rent Review
Aecom have instructed Morton Property Consultants to advise them on their rent review which is pending in Portwall Place, Bristol. Phil Morton commented, ‘my in-depth knowledge of the Bristol office market and particularly the property itself enables me to fully negotiate from a position of authority on rental levels and current incentives in what is a particularly hot market.’
Successful rent review completed by Morton Property Consultants
Smith and Williamson retained Morton Property Consultants to advise on their rent review, 10 years after taking occupation of the 4th floor. Phil Morton said ‘knowing the building as well as I do, having acted for the developer and Smith & Williamson initially back in 2007, I was able to negotiate fully and achieve a modest increase in the rent against the backdrop of a very hot market which the client was particularly pleased about.’
Strategy Land – JV
Morton Property Consultants are working with Wallace Land, a Scottish based business who specialise in the delivery and promotion of strategic land. Phil Morton, Director comments ‘Wallace Land have a great reputation for delivering on sites that they identify for development and by engaging with them we are working together to promote 15 acres of potential development for residential units. Together we are looking to achieve the maximum potential asset value for our client.’
On Corps Relocation
On Corps is an adaptive decision sciences company that applies machine learning to turn corporate and sales data into personalised nudges to help people make better decisions. Morton Property Consultants have been retained to support them in their expansion and desire to relocate their offices to incorporate the modern way of working, providing staff with an office that allows them space to enjoy both social but also privacy when required. Phil Morton, Director comments ‘On Corps are keen to relocated to offices that have the benefit of being close the Bristol Temple Meads Station but at the same time offer space that can be adapted to provide both social and private areas depending on the work that is being carried out. This brief is clear and precise and we are super excited about working with them to achieve this ideal goal.’
Immersive Labs
Hartwell House, on the main thoroughfare through the city centre, just 5 minutes walk has high quality offices available from previous occupiers Immersive Labs. Morton Property Consultants is delighted to have been asked to dispose of the space. Phil Morton, Director comments ‘Immersive Labs are one of the major growth businesses in Bristol having started in the Box works and progressed to Hartwell House they have now doubled their space and moved to 1 Victoria Street. Having guided them along the relocation trail we are please to be able to assist in the disposal of the short lease they left behind.’
Morton Property Consultants Relocate Consumer Intelligence
Consumer Intelligence retained Morton Property Consultants to relocate their business to new offices on Temple Quay, close to Temple Meads Railway Station. Embracing the modern way of working their brief was to search and negotiate the best terms on a flexible modern office that offer at the ability to work in an agile way, creating a highly efficient and effective workspace for the staff to enjoy being at work. Phil Morton comments, ‘My brief was clear from the very beginning, they wanted space that their staff would want to come to work in…, simple but effective and I am pleased to say that we achieved this on the 5th floor of 3 Temple Quay, a prime office in the heart of the central business district.’
Morton Property Consultants Relocate MoveGB
Morton Property Consultants were delighted to be retained by MoveGB as agents to acquire their new office premises. A complex negotiation was undertaken by Phil Morton with the new landlord and exiting tenant who assigned their 4 leases across to MoveGB. With the relocation being time critical it was important for the move to be a seamless as possible which was achieved by understanding the issues and using experience and knowledge of the market to make it happen.
‘We were delighted to work with Phil on a particularly complex lease assignment. His experience, local knowledge and tenacity were key to our successful relocation and I would thoroughly recommend him to others to achieve a similar result.’
Alister Rollins, MD
Amazing Year – First Anniversary
Morton Property Consultants has it’s first anniversary this week with plenty to celebrate. Office relocations have featured highly throughout the year with Integreon successfully moving into 10,000 sq ft in Tower Wharf, Consumer Intelligence taking half a floor at 3 Temple Quay and MoveGB entering the traditional office market for the first time in Bath. Other notable wins have been the instructions to advise Osborne Clarke on their property strategy for their 85,000 sq ft HQ in Bristol, Smith & Williamson on lease consultancy on 30,000 sq ft at Portwall Place and Imagile Group 10,000 sq ft in Broad Quay House.
Lettings and disposals have also played an important role for the business as Aberdeen Standard retained them to act as letting agents on the newly remodelled, refurbished and renewed 160,000 sq ft One Redcliff Street landmark office tower that will provide over 30,000 sq ft of availability form Qu4 18.
Aside from the leasehold services, Morton Property Consultants successfully sold one of only two long leasehold deals during the year with 8 Unity Street Street achieve record prices for a unique offering in the market.
Phil Morton, Director of Morton Property Consultants commented, ‘I am delighted how the first year has gone, we have made great in roads into the market gaining some significant traction for the business with some significant clients coming on board providing a real foundation to build on going forward.’