The deal is one of the largest to be completed in recent months in the city, following the BBC at Central Square, Public Health Wales at Capital Quarter and Deloittes at Park Street. Cunningham Lindsey, the current tenant at Oakleigh House, was advised by Square Foot Consulting, who appointed Cooke & Arkwright to act jointly with Lambert Smith Hampton to sublet the space.
Ben Bolton, Business Space Director at Cooke & Arkwright said, “Our challenge when instructed 12 months ago, was to let the space within a year, and I’m delighted that we have achieved this. We had to overcome tight timescales for the new occupier to hit their contract deadlines whilst working within the existing lease structure. The property is a great fit for both occupiers, with the added benefit of an international company like Firstsource bringing numerous jobs to Cardiff.”
The letting will put further pressure on Cardiff’s limited supply of Grade A stock until new schemes come to fruition over the coming months.