LSH Takes Control of Regional Office Portfolio

Posted on 1 August, 2012 by Neil Bird

Commercial property consultancy Lambert Smith Hampton (LSH) has been appointed to oversee a portfolio of regional office buildings, the company reports. The properties are located throughout the Midlands and the north of England and LSH will asset manage the portfolio on behalf of Fixed Charge Receivers.

The buildings are located in Stafford, Burton-on-Trent, Wolverhampton, Bedford, Northampton, Salford, Runcorn, Blackburn and Wakefield and together they represent 77,000 sq. ft. of office space.

The portfolio includes offices on high quality sites like Staffordshire Technology Park, Burton-on-Trent’s, 200 acre mixed use site, Centrum 100 and Bedford’s 70 acre Priory Business Park. All the properties are currently multiple tenanted by both national companies and local firms.

Liam Hawes and Nick Hammond will oversee the instruction from LSH’s Nottingham office, but LSH offices in Birmingham, Luton, Sheffield and Manchester will provide a local point of contact. There will be further involvement from the firm’s Building Consultancy, Lease Advisory and Agency departments.

LSH say they have already made changes to the way the sites are run and they promise to add value to the assets through continued improvements.

“This is a very challenging and complex portfolio, as is to be expected with a receivership instruction.” Liam Hawes explained.

“Already, tenants have seen real improvements in the way the sites are being managed – our proactive approach ensures that the asset value is maximised through the retention of existing tenants and housing of new occupiers into the schemes.”

Nick Hammond added; “LSH are well placed to handle the instruction, from both a strategic and operational perspective, with our network of local offices and cross-discipline expertise adding value throughout.”

LSH was formed in the 1980s and has since enjoyed significant growth making it one of the UK’s largest commercial property consultancies.  Today it has access to 850 specialist staff providing services and advice on a range of subjects including acquisitions and disposals, investment property management and building consultancy.




Leave a Reply


Recent Posts

UK Retail Sales bounce back in October

shoppers in a big shopping center with elevators

West Yorkshire Sees Shopping Centre Development Surge

hotel-occupancy-in-birmingham-reaches-new-high

Hotel Occupancy in Birmingham Reaches New High

CBRE-secures-100-million-construction-loan-for-netflix-hq-in-california

CBRE Secures $100 Million Construction Loan for Netflix HQ in California

Skyline of downtown Nashville, Tennessee, USA.

Highwoods Properties Will Develop $232M Nashville Headquarters for Bridgestone Americas

Game-changing-master-plan-for-oldham-town-centre-revealed

“Game changing” Master Plan for Oldham Town Centre Revealed

5Th Ave sign in Manhattan, New York City

Fifth Avenue in New York becomes World’s most Expensive Shopping Street

Intu-expects-Bumper-Black-Friday

Intu expects Bumper Black Friday

Portrait of two women looking at each other with smiles in the shopping mall

Plans revealed for Northampton Shopping Centre Redevelopment

Facebook-likely-to-be-among-the bidders-as-its-Dublin-Headquarters-is-placed-on the Market

Facebook likely to be among the bidders as its Dublin Headquarters is placed on the Market

Businessman pointing to growth in a line graph showing business success

New Store openings deliver ‘Healthy Earnings Growth’ for B&M Bargains

Project-Jennifer-Development-to-house-Liverpools-Biggest-Food-Store

Project Jennifer Development to House Liverpool’s Biggest Food Store

Burlington-Arcade-welcomes-Parisian-Retailers

Burlington Arcade welcomes Parisian Retailers

Unibail-Rodamco-gives-update-on-European-Shopping-Centre-Schemes

Unibail-Rodamco gives update on European Shopping Centre Schemes

Major-New-Deals-confirmed-for-Westgate-Oxford

Major New Deals confirmed for Westgate Oxford

Retail-Report-reveals-first-ever-fall-in-Grocery-Sales

Retail Report reveals first ever fall in Grocery Sales