EDF Energy, the British arm of French energy group EDF, has agreed to take the entirety of developer CEG's 1000 Aztec West offices outside Bristol city centre.
The business' deal represents a circa 78,284-square-foot letting in the out-of-town market, with market sources telling CoStar that the parties have agreed a rent of circa £27.50 per square foot.
Local agents added that EDF Energy, which has nearby offices at Building 800, will use the property as a base for its staff working on the Sizewell energy station projects in Suffolk.
1000 Aztec West is the south west's first Net Zero Carbon out-of-town workspace and was refurbished by CEG recently to add extra workspace capacity and improve its sustainability credentials.
The building is targeting EPC A and BREEAM 'Excellent'. It is also designed to be Net Zero in Operation and has 40 electric vehicle charging points. There is a 1,300-square-foot gym and wellness facility and an on-site cafe.
Making up part of the wider Aztec West business park, the office sits close to Junction 16 of the M5 Motorway and is 2.8 miles from Bristol Parkway railway station. The building also has around 231 car parking spaces in total.
Cushman & Wakefield and JLL are joint leasing agents at the property, while EDF's internal property team handled its talks. All parties, along with the landlord and EDF, were approached for comment.
The energy giant's deal at Aztec West is reflective of a wider increase in out-of-town lettings across the regions in first quarter, according to property consultancy Avison Young. Its data shows that five firms, including EDF, signed deals of 25,000 square feet or more.
This was the highest level of quarterly out-of-town take-up since the third quarter of 2021, according to Avison Young, with manufacturing and industry taking the largest share of the deals at 18%.
(Article updated on 22 April 2025 to reflect that BNP Paribas Real Estate was not involved in the deal)