International human resources group ADP has become the fourth blue-chip firm to take space at 10 Templeback, one of Bristol’s only grade A office developments in the past few months.
The US-headquartered $11bn-revenue group – whose services span payroll, talent management, tax and benefits administration – is to occupy 8,000 sq ft on a five-year lease to expand its Bristol presence and develop its research & development arm.
Its move means just 41,000 sq ft of the 123,000 sq ft building will be available. Recent arrivals include global management, engineering and development consultancy Mott MacDonald, Bristol financial technology firm Momentum Financial and property agents Colliers CRE.
NFU Mutual currently occupies two floors but substantial high quality space remains across three floors.
10 Templeback is asset managed by London-based Cube Real Estate on behalf of its owner, Benson Elliot and is being jointly marketed by DTZ and Alder King.
The waterfront building is one of the city’s greenest and is the only grade A building that can provide more than 20,000 sq ft of office space on a single floor.
Cube has recently launched a concierge service and further works to the communal parts of the building will take place shortly.
ADP head of EMEA property Phil White said: “Templeback gave us the flexibility to expand our Bristol operation into an attractive, contemporary building. The new facilities will allow us to further grow the business and attract the highest calibre of staff in the area.”
Cube asset manager Jonathan Lawes added: “By listening to the occupiers requirements and providing the flexibility of space they require, we have been able to continue our great run of success. With the intended works to the arrival experience and the common parts, Templeback is further strengthening its place as the grade A building of choice in the city centre.”
