Landmark Paradise office investment hits the market
Birmingham city centre’s statement Paradise office building at 3 Chamberlain Square has gone up for sale, valued at a cool £123.2m.
Commercial real estate services firm, CBRE, has been appointed to sell off a leasehold investment for the 191,000 sq ft property, which is currently managed by investment firm Federated Hermes.
The ten-storey building in the city’s central Paradise district was designed by Feilden Clegg Bradley Studios, and was completed in June 2025.
Tenants at the fully-let site include global law firm, Eversheds, international accounting and advisory firm, Forvis Mazars and ‘big four’ accounting firm, EY. The building is also home to CBRE’s Birmingham office.
The prestigious £1.2bn Paradise development formed a key part of the regeneration of the former Birmingham Central Library area, which got underway with the demolition of the brutalist former library building in 2016.
Nick Woodward, Head of CBRE’s Birmingham Investment team, said the sale was a “unique investment opportunity”.
“The building itself achieves excellence in every category, from sustainability credentials to design, making it arguably the best office building outside of London,” he said.
“This is further demonstrated through the extremely high calibre of occupiers that the building has attracted, offering a stable and already reversionary rental income.
“Birmingham as a city is brimming with opportunity, which is only going to get more attractive as HS2 continues to progress and the level of inward investment increases. 3 Chamberlain Square entering the market is the perfect opportunity for those looking to benefit early from Birmingham’s inevitable growth.”
