Edinburgh’s Westport 102 secures Broadcom as tenant

March 26, 2012 - PRLog -- Global semiconductor company Broadcom has moved into Westport 102, a landmark Grade A building in the heart of Edinburgh’s Exchange District.

Broadcom www.broadcom.com  has signed a 10 year lease with break option at year five for 6,135 sq ft on the 5th floor. The move sees Broadcom relocate 28 staff from its previous premises at MWB Business Centre on St Andrew’s Square.

Completed in 2009, Westport 102 is a prominent landmark building, located in a pivotal position in the Exchange District, offering Grade A office accommodation over ground and six upper floors. 75,000 sq ft remains in the building between 1st and 5th floors, offering floor plates of around 15,000 sq ft which can be sub-divided to suit requirements. Broadcom joins a list of other high profile tenants in the building including Quayle Munro and Sainsbury.  

Geoff Scott of Jones Lang LaSalle commented: “Broadcom sought space of the highest quality in the city centre, which Westport 102 delivers. The suite acquired offers stunning panoramic views over the city and Edinburgh Castle. This, coupled with the financial package and convenient location, made Westport 102 an easy choice for the company."

Peter I'Anson, partner at Ryden, said: “This letting follows on the heels of the earlier success of Quayle Munro and Sainsbury.  Broadcom is an important letting for the building cementing the quality of the space and the owner’s ability to react and deliver competitive deals to occupiers.  Ryden and joint agents Jones Lang LaSalle can structure competitive and flexible transactions within available floor space from 6,000 – 70,000 sq ft.  Rents within the building range from £20 per sq ft rising throughout the building to £26 per sq ft within the remaining 8,000 sq ft on the 5th floor.”

Ryden acted on behalf of the landlord Westport SARL, whilst Jones Lang LaSalle represented Broadcom.

Searching for your own office to let in Edinburgh?  Then visit: http://www.ryden.co.uk/Property/PropertySearch/OfficesinE...
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Notes to Editors

Ryden is an independent commercial property firm operating a full-service practice.  Service lines include Agency & Development, Investment & Finance, Professional, Building Consultancy, Property Management and Consulting.

The firm is headed by Fiona Morton, Managing Partner and has around 140 people, including 29 partners and 23 associates.

Ryden has offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.  

Awards include:
•   EGi’s Most Active Agent in Scotland 2011
•   EGi’s Most Active Industrial Agent in Scotland 2011
•   EGi’s Most Active Office Agent in Scotland 2011
•   CoStar’s No.1 Edinburgh & Glasgow Office Agent by No. of Disposals 2011
•   CoStar’s No.1 Scotland Industrial Agent 2011
•   Property Week’s Industrial Agency Team of the Year (Scotland) 2009

For more information see http://www.ryden.co.uk

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Ryden is the largest independent commercial property consultancy in Scotland and the North of England. We have 33 Partners and over 140 staff across six offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.