Renewable energy firm takes city centre unit in commercial district’s largest Q4 letting

Liverpool Exchange Station

Renewable energy developer, Green Switch Capital, has agreed a new 10-year lease with a five-year break to occupy 10,874 sq ft on the fifth floor of Exchange Station in Liverpool city centre.

The deal is said to be the largest letting in the fourth quarter of 2022 for Liverpool’s Commercial District.

The company originally took a lease on a suite of 2,250 sq ft on the fourth floor at the end of last year, but due to the rate of expansion and growth over the past 12 months it has taken more space in the building to facilitate the smart energy company’s expansion plans.

Set in the heart of Liverpool city centre, the 193,000 sq ft Exchange Station is a prominent address in the business district.

Ian Steele, principal at Avison Young’s Liverpool office, said: “With the lack of Grade A stock in the market this has provided further opportunities for high quality refurbished buildings like Exchange Station that offer enhanced tenant amenity and facilities to both attract and retain good quality tenants.”

Alex Goode, from landlord CEG, said “The outstanding environmental credentials of the space, fantastic facilities and contemporary and healthy working environment attracted the company to this fantastic development and I’m sure the team will thrive here.”

Avison Young acted as joint letting agent with Hitchcock Wright on behalf of landlord CEG, while Green Switch Capital was unrepresented.