Nabarro handles West End Pre-Lettings for Great Portland Estates
28 September 2007
Nabarro has acted for Great Portland Estates plc (“GPE”) in its agreed pre-letting of the entire office element of GPE’s major refurbishment and extension scheme at 60 Great Portland Street, W1 to The Engine Group, a communications business, which includes the WCRS advertising agency.
The Engine Group will take a twenty-year lease over the basement and ground to fifth floors totalling approximately 60,000 sq ft. GPE commenced work on the building in January 2006 and expect to complete by the end of 2007. In addition to the offices, the development will provide 20,000 sq ft of showroom space and 9 residential flats.
The pre-letting to The Engine Group continues a successful run of lettings since the beginning of July, on which Nabarro have been instructed. These lettings, led by Real Estate Partner Caroline Maude included the remaining space at GPE’s refurbishment at Kent House, Market Place, W1 and 34,000 sq ft at the refurbished Elsley House, Great Titchfield Street. In addition, a further 16,000 sq ft has been let at 180 Great Portland Street to Double Click Europe Ltd.
Deborah Parry commented “the firm's involvement with this property, for GPE, goes back many years and we are delighted to have seen this major refurbishment through to successful letting."
Peter Kay of Rosenblatt solicitors acted for The Engine Group.
For further information, please contact:
Deborah Parry
Partner, Property group
T 44 (0)20 7524 6317
d.parry@nabarro.com
