LaSalle, a leading global real estate investment manager, has agreed to sell 1 Mark Square, EC2, to an overseas investor for over €45.2m (£38m).
Mark Square is a prominent 5,807m² office building on an island site in a prime Shoreditch location, close to Old Street roundabout and Liverpool Street Station. Thomson Reuters is the current tenant and occupies the entire building.
Shaun Reed, National Director, LaSalle Investment Management, said: “The sale of 1 Mark Square is in line with our strategy to recycle and reinvest capital into existing LaSalle development projects to ensure that we are always making the most of our investments.”
LaSalle was advised by Colliers and Cortex Partners, while Clay Street Property Consultants and Hamilton Investment Partners represented the buyer.
