BRUNTWOOD Works has reported strong market activity across its properties in the Liverpool City Region.
Despite restrictions, customer enquiries, viewings and deals are all performing robustly as more business owners begin to make plans for a return to the workplace in Spring.
The number of deals secured in the final quarter of 2020 were identical to the volume of deals in the same period in 2019, with the ratio of new and expanding customers also matching last year’s figures.
Viewings and enquiries across the portfolio, which includes the Cotton Exchange, the landmark Plaza building and Burlington House in Crosby, are also now approaching pre-pandemic levels.
Among the new arrivals are marketing automation specialist Marcloud Consulting at Cotton Exchange and insurance brokerage Waltons at The Plaza, while existing customers such as educational recruitment firm SupplyWell have expanded their footprint at Cotton Exchange in recent months.
Tony Reed, head of commercial at Bruntwood Works in Liverpool, says the trend reflects the dynamism of Liverpool’s entrepreneurial community as it continues to adapt in difficult circumstances.
“Despite the incredibly challenging times for so many people, we are meeting business owners every day who are looking for new ways to develop their operations and ensure they are in a strong position once we move out of the Covid-19 era.
“The Cotton Exchange and Burlington House have proven especially popular as, now more than ever, businesses value the community aspects of such buildings and some adopt a ‘hub and spoke’ approach, with a central headquarters and an additional presence in outlying locations. Our plans to invest in The Plaza and develop the communal ground floor space as part of our Pioneer programme have also led to an increase in enquiries there.
“Many entrepreneurs have taken this period to reflect on their business goals and this has led to a very steady flow of enquiries and deals from firms in a wide variety of sectors. Many appear to be earmarking March and April for a return to their workspaces and the various benefits that come from working in a vibrant, collaborative space.
“This upward curve is testament to the resilience of our business community and hopefully it augurs well for the future and shows that even more positive times are just around the corner for the whole city region.”
Bruntwood Works’ portfolio also includes Cotton House, Queen Insurance Buildings, which incorporates Queen Avenue, Exchange Court, adjacent to Liverpool Town Hall, and St Hugh’s in Bootle.