Major Legal Firm Becomes First to Check in to Bristol’s Welcome Building
February 5, 2024
Welcome Building, an exceptional new workspace in Bristol being delivered in a joint venture between EPISO 5, a fund managed by Tristan Capital Partners, and Trammell Crow Company, has leased 44,196 sq ft to international law firm DAC Beachcroft. The international law firm is taking levels 6 and 7 of the new building that is set to complete in Q2 this year.
DAC Beachcroft, one of the largest legal sector employers in the South West with over 800 lawyers and staff working in the region, will be moving its Bristol colleagues to Welcome Building from its current location in Portwall Place.
Toby Pentecost, Senior Vice President and head of UK offices at Trammell Crow Company commented: “Having recently celebrated the topping out of the site, we are incredibly proud to be able to announce the arrival of DAC Beachcroft. This is a great result underlining the amazing space and amenities Welcome Building has to offer. With sustainability and wellbeing at the very heart of the project, we are in discussions with several other occupiers as we head towards completion.”
James Brodie, Managing Director, at Tristan Capital Partners, added: “Welcome Building is an exemplar development providing high-quality ESG certified workspace set within a thriving part of Bristol city centre. Companies are continuing the flight to quality seeking premises which combine best-in-class workspace, modern amenities, ESG credentials and a great location, all of which Welcome Building offers.”
Ben Daniels, Bristol Location Head at DAC Beachcroft, added: “Providing our colleagues with a high quality working environment that supports flexible working and collaboration is a priority for us. Welcome Building is ideally located in the centre of Bristol with great travel links and adaptable working spaces. We were also impressed by the building's excellent sustainability credentials and its emphasis on creating a local community."
Designed by Darling Associates Architects the 207,000 sq ft landmark in the city centre will reset the bar for sustainability by targeting optimal energy efficiency along with a commitment to create a healthy environment for all who work there.
A unique street on the ground floor will host events with an open café bar and specially commissioned public art, to foster a collaborative business community. Welcome Building offers the largest available floorplates in the city ranging from 22,000 sq ft to 30,000 sq ft. All floors are open and reconfigurable to suit the changing patterns of working life – be that group collaboration or places for individual focus.
The building will be an all-electric workspace, with PV cells on the roof and targeting Net Zero Carbon in operation. It aims to set new standards for occupier wellbeing as the first Bristol office development to target Well Platinum Certification, alongside BREEAM Outstanding and Five at Heart Platinum, with consideration given to everything from biodiversity to the enhanced end of trip facilities for cyclists and runners.
The building is also connected to the Bristol Heat Network, from which it will extract all of its heat load. This naturally sourced and low carbon heat is procured from the zero-carbon water source heat pump at Castle Park energy centre resulting in no polluting combustion whatsoever on site.
Knight Frank and Alder King are leasing agents for Welcome Building.
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of December 31, 2023, TCC had $15.8 billion of projects in process and $13.3 billion in its pipeline. It employs 650 professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.