Amazon lets more Edinburgh office space

Posted on by John Cronin

Internet retailing giant Amazon has agreed to take additional office space at a landmark building in the centre of Edinburgh.

WaverleygateAmazon has signed a 10-year lease for 58,000 sq ft of floor space at the Waverley Gate building in Edinburgh city centre (pictured). Amazon needs the space as it plans to recruit several hundred staff for a new customer service centre. Rental prices have not been disclosed.

Amazon has received a grant of £1.8m from Scottish Enterprise which is being used to fund both staff training and an office fit-out. Amazon is expected to occupy the offices in August.

Owners Highcross have previously let 10,000 sq ft of space at Waverley Gate to the internet retailer. Highcross purchased the 207,000 sq ft building in May 2010 from the administrative receivers of Castlemore (Edinburgh) Ltd and have since undertaken a major, interior refurbishment programme.

Commenting on the new lease, Mark Evans, head of Highcross’ Scotland office said: “This latest significant letting to Amazon means that more than 150,000 sq ft is now occupied at the building, compared with 12,000 sq ft at the beginning of 2010.”

Other significant tenants at Waverley Gate include Microsoft, NHS and Creative Scotland with the latter signing 15-year lease last autumn for just over 13,000 sq ft of 1st floor space. Waverley Gate has been the source of much of the letting activity in the Edinburgh offices market over the last 12 months.  Allan Matthews of CBRE, Scotland has described the landmark building as being “one of Edinburgh’s biggest letting successes”.

Montagu Evans and CBRE are joint letting agents. Amazon was represented by Cushman & Wakefield.

 

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