17th May 2024
AUTHORJessica Morgan
Reading time3 minutes
35,000 square feet signed in 48 hours across two locations in Glasgow and London
The Boutique Workplace Company is celebrating the milestone of reaching 40 serviced office locations across the UK, totalling the group at 440,000sqft, having signed two new leases within 48 hours. Securing 9 George Square in Glasgow marks the company’s first building in Scotland alongside 32 Threadneedle Street in London.
Boutique is now positioned within the top 5 leading flexible workspace providers in London by number of locations, according to figures by Spaces To Places. Since 2020, the flexible space provider has secured and opened 13 new locations, totalling just over 220,000sqft across the UK.
The Canal & River Trust, landlord at 32 Threadneedle Street was jointly advised by Colliers and Avison Young and Boutique was represented by Piers Barttelot from Reesa. This is the second acquisition via Reesa that Boutique has secured since 2020.
Phoebe Cobb, Associate Director in the Flexible Workspace team at Colliers and Martin Devine, Principal in the Flexible Advisory team at Avison Young commented: “We are delighted, after undertaking a demanding selection process with a number of potential operators, that The Boutique Workplace Company was selected as the ideal partner to take a lease on this fantastic Grade II listed building in the City. We are confident that Boutique will deliver an exceptional new office destination for our client.”
Douglas Green from G8 Consult acted on behalf of the landlord, EPIC for 9 George Square. Leigh Perl, COO of EPIC comments: “We are very pleased to have secured Boutique as a leaseholder at 9 George Square, given their steady growth and excellent reputation in the flexible workspace sector”.
Daniel Wheble, CEO of The Boutique Workplace Company, comments: “We have been actively seeking a property in Glasgow for two years so it’s great to be able to expand with this iconic address. With our consistent growth in London, we wanted to focus on expansion opportunities across the UK in order to grow our network for our clients”.
Read more about how demand is growing for flexible office space in London as Boutique strikes deal on stunning mixed-use heritage building.