Shepherd and Wedderburn agrees lease on new Glasgow premises
Law Firm Shepherd and Wedderburn has announced that it will be relocating the staff and partners of its Glasgow office to new city centre premises.
The firm is the latest business to agree a lease on the brand new Grade A 11 storey building in West Regent Street, an M&G Real Estate development fund-managed by Clearbell. The entire third floor, comprising 13,702 sq ft of high quality office space, has been secured by Shepherd on Wedderburn on a ten-year FRI lease. The firm is relocating from its current Glasgow office at 191 West George Street and plans to take occupation in May 2016, followed by a three-month fit-out period.
Stephen Gibb, Shepherd and Wedderburn Chief Executive, commented: “Up until now, we have been pretty creative at finding ways to accommodate staff and partners in our West George Street office, but the extent to which the business is growing means that we are fast running out of space. The additional headcount from Tods Murray, which we acquired in October 2014, and other senior hires, including a recent three-partner insolvency team from HBJ, means that staying put isn’t an option for us.
“1 West Regent Street creates room for us to grow, right in the heart of Glasgow’s business district. We are looking forward to moving in and joining many other prestigious organisations in this superb office complex.”
Nick Berry, partner at Clearbell, added: “It is fantastic to kick off 2016 by securing yet another high profile occupier for our building. Shepherd and Wedderburn is a leading UK law firm and we’re confident that 1 West Regent Street will provide the perfect combination of excellent facilities and superb design together with a central location demanded by a business of its stature.