Ardagh Glass, a subsidiary of Ardagh Group, a leading global glass and metal packaging manufacturer, has agreed to let 10,250 sq ft of office space at 10 Portman Square from British Land.
The company will occupy part of the first floor, signing a 10 year lease with a 5 year break.
Ardagh will join investment management company Independent Franchise Partners, who agreed terms on the other half of the first floor in July. 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.
The latest deal brings occupancy across the 2.4 million sq ft West End office portfolio to 96%, up from 88% at 31 March 2014. 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: “It is a testament to the quality of the building, its exceptional design and location, just a stone’s throw from Mayfair, that 10 Portman Square is nearly fully let, just a year after launch. We are very pleased that the remaining space is now also under offer, with occupiers drawn from a wide range of sectors.”
Knight Frank and JLL represented British Land. Colliers represented Ardagh Glass.
For more information on 10 Portman Square please visit www.10portmansquare.com