Kajima signed flexible workspace provider Industrious for the remaining c. 2,000m2 of commercial space across two floors at its landmark Moorgate office development, 77 Coleman in the City of London.
Industrious, a serviced office operator with a strong track record in the USA and Europe, now has five sites in the UK, including 70 St Mary Axe in the City. The deal with Industrious concludes successful lettings in the building to the world-renowned private medical provider Cleveland Clinic, global investment manager Loomis Sayles, and French asset management company Amundi, which occupies three floors. The basement is occupied by the competitive socialising concept, Clays, offering a fully digitised clay target shooting experience using state-of-the-art technology, as well as food and drinks.
77 Coleman Street is a 7,711m2 office-led development designed by leading London architecture practice Buckley Gray Yeoman. Rated 'Platinum' by Wired Score and BREEAM Excellen. The transformed building won the Best City of London refurbishment award in 2022. The contracts exchange follows the acquisition of c. 2,900m2 prime office development at 27 Soho Square in London's West End from Federated Hermes.
Kajima's workspace portfolio in London also includes Orwell House in Fitzrovia, which received planning permission in May 2023 to refurbish and extend the c. 2,700m2 building into best-in-class workspaces.
Jessica Leigh, Asset Manager at Kajima, said: "The decision by Industrious to occupy the final space at 77 Coleman Street demonstrates the attractiveness of highly sustainable, refurbished commercial space in central London and we are excited to support their ambitious growth into Europe to provide a unique, premium coworking offer."
Jerome Fried, Director of Real Estate, said: “We’re tremendously excited to bring premium flex to 77 Coleman. Kajima’s successful repositioning of this well-appointed asset will greatly complement our existing City location at 70 Saint Mary Axe, which has consistently been one of our top-performing units. We’ve seen a strong uptick in demand from both local and global enterprises and look forward to joining the already impressive tenant roster at 77 Coleman.”
