London Executive Offices, a five-star serviced office, virtual office and meeting room space provider, has announced that it has taken three floors at One King William Street.
One King William Street premises were acquired on a 15-year lease, the building adds approximately 29,500 sq. ft. of space and boosts the LEO portfolio to 785,000 sq. ft. of 5-star office space.
LEO have acquired the fifth, sixth and seventh floors, the top three floors in the building. The accommodation includes a 4,300 sq. ft. private roof terrace on the seventh floor that provides spectacular views over the Bank of England and across the City.
The core City market has been an important part of the LEO offering for many years, One King William Street compliments a collection of attractive City addresses that include 1 Cornhill, 5 Cheapside, 85 Gresham Street and 148 Leadenhall.
Beth Hampson, Sales and Marketing Director at LEO commented:
“The acquisition of One King William Street is a tremendous addition to our City portfolio and further consolidates our position of the capital’s most exclusive serviced office provider. This distinctive and highly appealing building, that has been designed by 2015 RIBA Stirling Prize winners AHMM, benefits from a modern interior and flexible floorplates and brings a new dynamic to our Bank cluster. Our City portfolio runs at an extremely high occupancy and we foresee the same success for our new addition.”
The latest acquisition fits in with LEO’s overall growth strategy to expand its prime central London portfolio, which so far in 2017 includes the lease of 9th floor at Nova South Victoria.
LEO join NTT Europe Ltd in the building, leaving just the third (14,240 sq. ft.) and fourth (13,860 sq. ft.) floors available, with the fourth floor benefiting from a terrace.
UD Europe and Kajima are represented by Cushman and Wakefield and CBRE, LEO were represented by CBRE.