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Adelaide Exchange 24-26 Adelaide St 137,936 SF 100% Leased 4-Star Office Building Belfast BT2 8GD $4,396,893 ($31.88/SF)

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INVESTMENT HIGHLIGHTS

  • Adelaide Exchange is ideally situated between both Lanyon Place train station and Europa Bus & Rail Stations.
  • Office occupiers in the immediate vicinity include Belfast City Council, BBC NI, EY, Deloitte, AECOM and Invest NI.
  • The immediate vicinity of the ‘Linen Quarter’ offers occupiers an abundance of amenities from hotels, cafes, restaurants and gyms.

EXECUTIVE SUMMARY

Metropolitan Building comprises a self contained office building that forms part of a larger mixed use block known as Central Park. The residential accommodation above is separately accessed. The ground floor office accommodation benefits from its own dedicated access at street level whilst the upper floors are accessed via a lobby area providing lift access. The office accommodation has been recently refurbished and fitted to an excellent standard. The rectangular floors benefit from excellent natural light down both sides of the building.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
137,936 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2007
Price
$4,396,893
Price Per SF
$31.88
Percent Leased
100%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
25,000 SF
Building FAR
2.42
Lot Size
1.31 AC
Parking
183 Spaces (0.92 Spaces per 1,000 SF Leased)

AMENITIES

  • Raised Floor
  • Security System
  • Storage Space
  • Drop Ceiling
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • -
  • 9,580 SF
  • -
  • -

For several decades, Applied Systems has led an industry they helped to create with a mission to continuously improve the business of insurance. Insurance agencies and brokerages have faced new challenges and demands on their businesses over time, and they have been there to guide them. Since 1983, Applied has been at the forefront of insurance technology, leading the way through innovation. As the insurance industry becomes increasingly global, they are delivering new technology and expanded multinational capabilities for this changing marketplace.

  • -
  • 4,000 SF
  • -
  • -

At EY, their purpose is building a better working world. The insights and quality services they provide help build trust and confidence in the capital markets and in economies the world over. They develop outstanding leaders who team to deliver on their promises to all their stakeholders. In so doing, they play a critical role in building a better working world for their people, for their clients and for their communities. In a world that’s changing faster than ever, their purpose acts as their ‘North Star’ guiding their people — providing the context and meaning for the work they do every day. They help digital pioneers fight data piracy; guide governments through cash-flow crises; unlock new medical treatments with data analytics; and pursue high quality audits to build trust in financial markets and business. In other words, working with entrepreneurs, companies, and entire countries to solve their most pressing challenges.

  • -
  • 43,500 SF
  • -
  • -

By producing award winning digital software, they help Liberty Mutual Insurance look after their policy holders. For them, ideas are instrumental, because that is what truly drives change. Add to that technical mastery, innovation and a strong product discipline - and the result is exceptional business value. They experiment and collaborate with companies such as AWS, Google and Microsoft and learn from the most respected academics, sharing that knowledge with the students of today - and tomorrow - and joining forces with the finest minds in the digital sphere. Their teams put business outcomes over projects, building well architected cloud solutions and reliably run high stability systems: epitomising engineering excellence.

  • NYSE Technologies
  • -
  • 62,000 SF
  • -
  • -
  • -
  • 2,000 SF
  • -
  • -

Synopsys is a publicly traded technology company headquartered in Sunnyvale, California. Founded in 1986 in Research Triangle Park, North Carolina, Synopsys provides electronic design automation (EDA) software, semiconductor intellectual property (IP), and software security solutions. Its offerings enable the design and verification of complex integrated circuits and systems, serving industries such as automotive, cloud computing, and artificial intelligence. Synopsys operates through three primary segments: Design Automation, Design IP, and Software Integrity. The company is listed on NASDAQ under the ticker symbol SNPS and is a constituent of the S&P 500 and Nasdaq-100 indices. Synopsys has expanded through strategic acquisitions, including the 2024 purchase of Ansys, strengthening its position in multiphysics simulation and system design.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
- 9,580 SF - -
- 4,000 SF - -
- 43,500 SF - -
NYSE Technologies - 62,000 SF - -
- 2,000 SF - -
  • Listing ID: 36574822

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 24-26 Adelaide St, Belfast BT2 8GD

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