Staff at Lambert Smith Hampton (LSH) are celebrating a new record for the property consultancy — after its Birmingham office clocked up one-million square feet of leasing instructions in single year.
The Midlands-based retail agency team — recently strengthened with the arrival of senior surveyor George Xydias — is currently working with several prestige clients including London and Cambridge Properties, Fairacre and AEW Europe on major shopping centres schemes in Wolverhampton, West Bromwich and Peterborough.
The retail team’s leasing milestone also coincides with a period of significant growth right across LSH, which earlier this year acquired ES Group and retail specialists Tushingham Moore.
“It’s always nice to hit a major landmark like this and it demonstrates the buoyancy of the retail sector in the Midlands,” commented Richard Jones, head of retail and leisure at LSH in Birmingham.
“We have responded to the increased demand for high quality, experienced surveyors not only by adding to our team, but also by expanding the retail agency’s geographical reach,” he added. “The team is now taking instructions as far afield as Cambridgeshire and South Wales.”
LSH is also seeking out high street premises for a clutch of major retailers including Claire’s Accessories, JD Wetherspoon and Nationwide Building Society.
“And all the signs indicate that the next 12 months will be just as strong for the Midlands retail sector, and for LSH, as the past year,” predicted Jones.
“For example, our team has recently taken instructions from Commture Ltd, the EE franchise for the Midlands, with a number of units under offer and at least 10 more stores required over the next year.”