Edward Street Quarter, the largest speculative commercial development in Brighton for 25 years that is held in joint venture by and Socius, has won the Lease of the Year award in the South East at this year’s CoStar Impact Awards for its 80,000 sq ft pre let to Octopus Energy.
The CoStar Impact Awards recognise exemplary commercial real estate transactions and projects completed in 2022 that have significantly influenced neighbourhoods or submarkets across 128 major international markets in the United States, Canada, and the United Kingdom. Winners are chosen for their growth, diversification, and ability to overcome unique challenges in their particular markets.
Judges were impressed by the scale of the lease and its impact on Brighton, calling the scheme transformational for its ability to deliver top-quality space and a range of amenities that benefit the local community. Edward Street Quarter has been built with the community in mind and will reenergize this area of Brighton, providing a popular addition to the city for residents, businesses, and visitors, while also creating employment opportunities for the community.
Keith Breslauer, Managing Director of Patron Capital, said:
“We are thrilled to receive this prestigious award and be recognized for our contribution to the community. At Patron Capital, we are committed to creating spaces that have a positive impact on the communities they serve, and we are proud to be part of the transformation of Brighton. This project was a tremendous team effort, and I want to thank everyone involved, including our development director Kevin Cooke, whose invaluable contribution was integral to the project’s success.”
Media Enquiries to:
Polly Warrack t: +44 (0)7808 541191
SEC Newgate e: patron@secnewgate.co.uk
Notes to Editors
About Patron Capital Partners
Patron represents approximately €5.2 billion of capital raised across several funds and related co-investments, investing in property, corporate operating entities whose value is primarily supported by property assets and distressed debt and credit related businesses.
Since it was established in 1999, Patron has undertaken more than 200 transactions across 110 investments and programs involving over 9 million square metres in 17 countries, with many of these investments realised.
Investors represent a variety of sovereign wealth funds, prominent universities, major institutions, private foundations, and high net worth individuals located throughout North America, Europe, Asia and the Middle East. The main investment adviser to the Funds is Patron Capital Advisers LLP, which is based in London, and Patron has other offices across Europe including Barcelona and Luxembourg; the group is comprised of 61 people, including a 37-person investment team.
Further information about Patron Capital is available at www.patroncapital.com
