1 STEPHEN STREET, LONDON W1
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A major broadcasting company occupy the entire 2nd floor comprising some 21,000 sq ft, and instructed us to sublet space which was surplus to requirements.We marketed the space at first on a 5 year lease term, and then for a term 18 months, and generated multiple offers.
Our client was then unable to grant a term for longer than 6 months with rolling break options thereafter, due to a corporate deal. We still managed to let the space very quickly, even on the very short term basis, albeit at a discounted rate.
Velocity, a fast growing tech company, took a license on the space.
News topics: News Article, Agency Acquisition, Leasehold Interest, Office Space, Commercial Property, The Lorenz Consultancy, Office Letting