The Office Group signs first letting at 20 Eastbourne Terrace
11 January 2016
Land Securities has pre-let 45,000 sq ft at 20 Eastbourne Terrace, W2 to The Office Group on a 20-year lease.
The Office Group, a provider of flexible workspace, will take eight floors of the comprehensively refurbished 18-storey building taking the building to 49% pre-let ahead of completion in April 2016.
Kaela Fenn-Smith, Head of Commercial at Land Securities, said: “We’re delighted that The Office Group has signed our first office pre-let. The flexible space The Office Group offers will be beneficial to our current and future customers in Eastbourne Terrace creating an exciting hub for businesses in the centre of Paddington.”
20 Eastbourne Terrace, situated next to Paddington underground, mainline and Crossrail stations provides 92,000 sq ft of office space designed by Fletcher Priest in collaboration with Stiff & Trevillion architects. The building includes a substantial café, collaboration and business lounge at ground floor, a 2,000 sq ft roof garden on level 17 shared by all customers, and fantastic facilities including new cycle spaces, showers, lockers and changing rooms.
The Office Group is a leading provider of design-led flexible offices, co-working spaces and meeting rooms, with 29 buildings strategically positioned across London, as well as buildings in Leeds and Bristol. These facilities will benefit all occupiers in the Eastbourne Terrace estate.
Charlie Green, Co-CEO at The Office Group, said: “Having acquired over 300,000 sq ft of new space in central London in 2015, this letting at Eastbourne Terrace signals the start of another exciting year for The Office Group.”
CBRE and JLL advised Land Securities and Cushman & Wakefield advised The Office Group.