Sedgwick International UK is to relocate its Glasgow operation to the Sentinel office building on Waterloo Street, following a transformative refurbishment by Ardstone Capital on behalf of the Ardstone Regional Office Fund, a programmatic venture exclusive to clients of CBRE Global Investment Partners.
Sedgwick International is a leading global provider of technology-enabled risk, benefits and integrated business solutions and will occupy 18,268 sq. ft. with more than 200 staff moving from its current office on Bath Street.
Sentinel is the first Grade A refurbishment to complete in 2020 and will offer 63,700 sq. ft. of Grade A office space following a comprehensive refurbishment which included a completely re-modelled reception and common areas. Each floorplate of 9,100 sq. ft. benefits from excellent natural light, new VRF conditioning system, LED lighting and new high speed lifts. The Landlord has provided spa-style changing facilities in the basement with extensive cycle storage and electric vehicle charging stations.
The highly specified building has achieved an EPC rating of ‘B’ while offering excellent digital connectivity with a Wiredscore ‘Gold’ rating.
Phil Reid of Phil Reid Associates commented: “Securing Sedgwick International UK as an occupier for Sentinel underlines the quality of the refurbishment that was undertaken at the building. We are delighted to have agreed this deal and look forward to welcoming them to Sentinel.”
Sarah Hagen, associate at Knight Frank Glasgow, said: “Sentinel is a major, high-end re-design of one of Glasgow’s most distinctive office buildings. We have worked closely with Ardstone Capital and their design team to ensure that Sentinel offers exciting, future-proofed accommodation to suit a rapidly evolving occupier market.”
Michael Cecil, head of asset management at Ardstone Capital, added: “We have sought to deliver one of the very best buildings in Glasgow at a time when there is a real lack of high quality supply. We are delighted that such a globally recognised business has chosen Sentinel as their home in Glasgow for the long term.”
Phil Reid Associates, with joint agent Knight Frank, acted on behalf of the Fund while Square Foot Consulting advised Sedgwick International UK.