Central London offices leased by Derwent.
Derwent office space lease to two new clients.
Derwent has attracted two new tenants to its office space in the heart of Central London. The buildings have recently won awards for the refurbishment that they underwent. Both of Derwent’s properties, the Angel building and Fitzroy+Maple, have won a RIBA London award this year and the Angel has scooped a BCO London award.
The first client to take office space was Sage (UK) Limited, the company has taken out a lease for 12,500 square feet of commercial offices in the Angel Building. The firm have take a long term 10 year lease agreement with a break available at 5.5 years for the rate of £42 per square foot. The Angel Building is now close to full occupancy with some smaller office space still available. During negotiations Sage were represented by CB Richard Ellis, DTZ, H2SO and Pilcher Hershman.
“We are delighted to welcome Sage to the Angel Building and Keyhaven to Maple Place. This continues Derwent London’s strong letting performance in 2011. Both buildings have attracted substantial occupier interest, illustrating the value of investing in award-winning design and architecture,” commented Celine Thompson, head of leasing at Derwent London.
Keyhaven Capital Partners took up the space in Maple Place. The company leased the entire building taking up a lease on the full 11,500 square feet of office space. Keyhaven took out a 10 year lease with no breaks with a rate of £41 per square foot.