Tuesday, 17 February 2015
LaSalle lets over 390 m² at 1-4 Connaught Place in London’s West End (UK)
LaSalle Investment Management, the leading global real estate investment manager, has agreed a new 15-year lease with shipping agency C.M. Lemos and Co. Ltd. for 390 m²on the fourth floor of Grade II listed 1-4 Connaught Place in Marble Arch, London W2, at a rent of approx. £726/m².
The 4037 m² end-of-terrace office building was refurbished to its Grade A status in 2009, and consists of accommodation arranged over the lower ground, ground and five upper floors.
Situated on the southern side of Connaught Place with far reaching views of Hyde Park, the building is within close proximity of Oxford Street to the east and Connaught Village immediately to the north, which provides an enclave of fashion boutiques, art galleries and restaurants.
Marble Arch Underground Station Access on the Central Line is a 2 minute walk from the property, while Paddington Underground & Rail Station is a 15 minute walk to the North West.
Gary Player, Head of London Business Space at LaSalle Investment Management, said: “C.M. Lemos and Co. is the UK subsidiary of one of Greece’s most established shipping companies. 1-4 Connaught Place is a desirable choice for occupiers looking for a modern and efficient workplace in a traditional prime central London location. Connectivity is an important consideration for businesses when relocating, so the building’s proximity to the London Underground coupled with the introduction of Crossrail at Paddington and Bond Street stations creates an attractive proposition for potential occupiers.”
Source: La Salle