British Land announced that the Ontario Teachers’ Pension Plan (OTPP) has agreed to let 18,535 sq ft of space at 10 Portman Square. Canada’s largest single-profession pension plan The OTPP will occupy the second floor of the building, signing a 15 year lease with a 10 year break.
The offices at 10 Portman Square are now almost fully let, following recent deals with glass packaging manufacturer Ardagh Glass and investment management company Independent Franchise Partners. The building, which provides 113,700 sq ft of Grade A office space over seven floors, is also home to Aspect Capital, Arrowgrass Capital Partners and Aramco Overseas Company.
Completed in May 2013, 10 Portman Square was delivered as part of British Land's 2010 Development Programme, comprising 2.7 million sq ft of space, including circa 820,000 sq ft in the West End.
Award-winning architecture and interior design practice Jestico+Whiles led the design of 10 Portman Square, which offers column-free floorplates of 18,500 sq ft and benefits from natural light on all four sides and stunning views across Portman Square.
James Danby, Head of Office Leasing, British Land, said: “We are naturally very pleased to let the final upper floor at 10 Portman Square. The exceptional quality of the building, and the location in the heart of the West End, have proved to be determining factors in attracting high quality occupiers from a range of sectors.”
Knight Frank and JLL represented British Land. The Levy Group represented OTPP.
For more information on 10 Portman Square please visit www.10portmansquare.com