Vail Williams tops office deals for second year running
Wednesday November 25th, 2020
Estates Gazette have released their latest office stats, revealing Vail Williams covered 2.5 times the number of deals in the Solent ahead of 2nd place.
Property consultancy Vail Williams has topped the M27 Corridor office agents’ league table for the second consecutive year in Hampshire.
Covering the city port regions of Portsmouth and Southampton, the firm recorded 160,285 sq ft of office sales and lettings over 12 months.
Estates Gazette, the UK commercial property magazine, compiled the annual Radius Data Exchange M27 Corridor league table from deals recorded from September 2019 to August 2020.
A total of 333,206 sq ft was disposed of overall by property agencies. Of that figure, nearly half involved Vail Williams, with 18 deals at an average size of 8,905 sq ft.
Nik Cox leads Vail Williams’ business space team for the Solent region, working from Ocean Village in Southampton and Lakeside North Harbour business campus in Portsmouth. He said: “Thanks to our team’s deep knowledge of the Solent region and what the market wants, we have been able to repeatedly deliver for landlords and occupiers.
“Vail Williams’ deals accounted for 42% of the total office space taken. Clearly the pandemic, with two national lockdowns to date, has impacted upon activity, but, as was the case with the global financial crash of 2008-9, shrewd companies look beyond current events.
As well as leading the latest league table, Vail Williams was highly commended in the 2020 silver anniversary Property Awards category for niche or regional agency team of the year.
Last year the firm also won a clutch of awards in the South Coast Property Awards. These included offices consultancy of the year, property client service and business park innovation of the year (Lakeside North Harbour).