The JJ Mack Building
Sainsbury's takes space at JJ Mack

Sainsbury's takes space at JJ Mack

05/12/2023 by Buildington
 
New occupier

Helical plc and Ashby Capital have let 68,002 sq ft of office space at The JJ Mack Building to J. Sainsbury plc.


The retailer is expected to relocate its existing London office from 33 Holborn in the next two years.


Helical and Ashby Capital were advised by CBRE, J Sainsbury by Cushman & Wakefield and Winckworth Sherwood. 


Simon Roberts, Chief Executive of J Sainsbury plc, commented: “We’re delighted to have signed a new agreement that will see Sainsbury’s London Store Support Centre relocate to 33 Charterhouse Street in 2025. This is a really exciting opportunity for us to create a modern and sustainable workspace that is better suited to our needs and ways of working as our business continues to evolve. 


"Sainsbury's has a long and proud history in London, dating back to 1869 when John James and Mary Ann Sainsbury opened their first shop in Drury Lane. We know that our success depends on our brilliant colleagues and by moving to a more flexible, efficient workspace we can remain committed to maintaining a presence in central London while taking another important step in delivering our Save to Invest plan, which will enable us to invest where it matters most to our customers.”


Gerald Kaye, Chief Executive of Helical plc, said: “Following the recent lettings to Corio Generation and Partners Group, we are excited to welcome J. Sainsbury to The JJ Mack Building, which means we have now leased 58% of the 200,611 sq ft building. These lettings are clear examples of the bifurcation taking place in the market between the best in class office space and the rest.”


Peter Ferrari, Chief Executive of AshbyCapital, added: “The success of The JJ Mack Building in attracting market-leading rents from forward-thinking occupiers is testament to its high-quality design, strong sustainability credentials, extensive amenities and excellent location, and we are confident that our new occupiers will benefit from their inspiring new workplace.”

The JJ Mack building is now 58% let, with 200,611 sq ft office space spread across 11 floors and 5,439 sq ft of retail space on the ground floor. Sainsbury's has taken the following floors:
 

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