Hazledene has let three floors at its £45m, six-storey iQ building in Aberdeen in a deal that means the newly opened headquarters has been fully let at record Scottish rents.
Oil and gas engineering and production group Wood Group has taken around 63,000 sq ft across the first three floors of the £45m, 125,000 sq ft headquarters.
Although details of the rent have not been disclosed, Wood is understood to be paying slightly less than the £31 per sq ft that energy conglomerate Centrica has agreed after leasing the remainder of the building across the top three terraced floors last month.
The rent is a high for Scotland in recent times. Prime rents in Edinburgh and Glasgow are around £29 sq ft.
Hazledene Group chief executive Mark Shaw said: “To attract tenants of the calibre of Wood Group and Centrica to iQ and to do it so quickly after completion reflects a very healthy and promising position for top-end office accommodation.”
Scottish first minister Alex Salmond said: “Scottish businesses have been facing some very challenging times, but there are huge grounds for optimism in some of the recent jobs and economy announcements we have seen, and this development in the heart of Aberdeen underlines the underlying strength and resilience of Scotland’s economy.
“The iQ project demonstrates that with foresight and determination the country is well-placed to capitalise on those strengths and return to long-term economic growth.”
Joint letting agents were Ryden and Donald Begg.
The building is the centrepiece of a £75m city-centre regeneration project, including the 185-room Park Inn by Radisson hotel which opened for business last summer.
The iQ was designed by Edinburgh-based Richard Murphy Architects.
paul.norman@estatesgazette.com
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