By Kristy Dorsey

Glasgow’s 310 St Vincent Street has secured a major new tenant in the single biggest letting deal in the city centre since the pandemic began.

Wescot Credit Services has signed up to take the building’s second, third and fourth floors as the debt collection agency relocates from its current offices in Cadogan Street. Secured on behalf of owner Praxis Real Estate Management by Knight Frank, the deal covers a total of 28,216sq ft of space.

It also means that 310 St Vincent Street is now almost fully occupied, with just 8,800sq ft on the first floor and 2,000sq ft on the ground floor remaining.

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“Given the challenges city centre offices have faced it is a testament to the building and the quality of refurbishment that Wescot committed to 310 St Vincent Street as their new home within three months of their first inspection,” said Richard Harrison, asset manager at Praxis.

“With part first floor offices now in solicitors’ hands and the building close to fully let we are delighted to continue to prove those writing off the office sector wrong.”

The building is home to global IT giant Cisco, tech company OnScale and Lawrie IP, the independent patent and trademark firm. Earlier this year, engineering firm Clancy Consultancy and fund managers MDP Capital also moved to the building.

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Sarah Hagen, office agency associate at Knight Frank, said: “Glasgow’s office market is beginning to pick up again and as businesses consider their return to the workplace, they are looking for flexible, high-quality space at a competitive price point.

“310 St Vincent Street is well-placed to meet those needs and has a range of amenities on its doorstep, standing out among other city centre options.”