Clarges Mayfair
31/01/2017 by Buildington

7 Clarges Street is now 83 per cent let, having secured terms with Capula Investment Management, Quantum Pacific and Fortress Investment Group, reports British Land.

Capula Investment Management will occupy 23,700 sq ft across three floors whilst US-based global investment firm Fortress has leased the fourth floor (8,200 sq ft). Both deals are for a period of ten years.

Tim Roberts, Head of Offices and Residential, British Land, commented: “The interest we’ve seen in 7 Clarges Street and these transactions evidence occupiers’ continuing appetite to make long-term commitments for the best buildings in London’s key financial and cultural districts.
“Securing 83 per cent occupancy at 7 Clarges Street, just four months after its launch in September, is testament to the design and quality of the workspace and the appeal of the location.”

CBRE advised British Land; Simon Garfield Property advised Capula Investment Management, DeVono advised Quantum Pacific and Colliers advised Fortress.

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