Cubex, funded by Fiera Real Estate, has prelet nearly two thirds of a Bristol office to law firm Osborne Clarke.
The 116,000 sq ft property, Halo, will feature a drone landing pad.
Osborne Clarke has agreed to take 74,000 sq ft – two years ahead of its completion. The firm will relocate 600 staff from its Temple Quay office into Halo, taking the top five floors including a private roof terrace.
The law firm has signed a 12-year lease at £35.50 per sq ft for four floors, and £36.50 per sq ft for the top floor with roof terrace.
Bristol developer Cubex bought the former Avon Fire and Rescue site, which will be home to the next phase of Finzels Reach, in 2018 on behalf of Fiera Real Estate Opportunity Fund IV (UK).
The deal represents one of the most significant prelet deals in Bristol over the past year.
Fund manager Fiera Real Estate has provided the finance for Cubex for the next phase of Finzels Reach, following their successful partnership on the first phase. The next phase has a GDV of just under £150m.
Halo is targeting a BREEAM Outstanding accreditation to meet the toughest new sustainability assessment criteria.
Halo will also feature a corkscrew-like staircase rising up through a glass atrium, with efficient LED lighting and roof-top mounted photovoltaic panels.
The move will see Osborne Clarke join firms such as Channel 4, Historic England and English Heritage, fellow law firm Simmons & Simmons, and Barclays at Finzels Reach.
Knight Frank and Lambert Smith Hampton are the lettings agents on Halo. Morton Property Consultants advised Osborne Clarke on the deal.
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