Signs of improvement in the Inverness office letting market have been hailed after the last space in a prominent city centre building was filled.
Four-storey Moray House, on the Highland capital’s Bank Street, is now fully occupied, following the arrival of website designer Yellow Cherry Digital.
The block was bought at the end of 2016 as a multi-let office investment by Derbyshire-based developer CWC Group, which earlier the same year acquired the former offshore fabrication yard at Ardersier, near Nairn. The firm is now on the lookout for more opportunities in the area.
Along with Yellow Cherry Digital, tenants in Moray House include solicitors Digby Brown, Newcross Healthcare, IT company Wipro, the Highlands and Islands Joint Valuation Board, engineers Mott MacDonald, Provident Finance, 360 Architecture, Hays Specialist Recruitment and Erpass.
Agents Shepherd Chartered Surveyors and Graham and Sibbald worked jointly with CWC Group to let the offices.
Linda Cameron, of Shepherd Chartered Surveyors, said: “The recent success achieved in the full letting of this prominent building demonstrates that activity is picking up in the Inverness office market after a recent slow-down.”
Gordon Arthur, of CWC Group, added: “The group’s Inverness office is actively seeking further development/investment opportunities in the region.”
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