Leadenhall Building almost full

16th May 2016

British Land and Oxford Properties have signed Clydesdale Bank for Level 15 of The Leadenhall Building taking the landmark City tower to 98% let or under offer.

The bank has signed a 15 year lease, and has taken occupation of the 17,300 sq ft floor.

The rent was not disclosed but recent lettings at the highest floors have been secured at £90 per sq ft.

The Leadenhall Building is now 98% let or under offer with just a single floor of 7,000 sq ft available. The building is now home to over 4,800 workers, with six companies taking occupation so far in 2016.

Tim Roberts, Head of Offices and Residential at British Land, said: "We have seen strong demand for space at The Leadenhall Building, and have been very pleased to secure long-term commitments from blue-chip occupiers, such as Clydesdale Bank. With just one floor available, we anticipate that the building will be fully let ahead of schedule later this year."

Chris Carter Keall, vice-president and Head of Asset Management at Oxford Properties, said: "The Leadenhall Building has attracted occupiers from a wide variety of sectors, who are attracted to the excellent customer service, the variety of floor-plate sizes and its location. Clydesdale's decision to move in is a fantastic endorsement of our leasing strategy, and we are delighted to welcome them to the building."

BL's office and residential portfolio, which accounts for 49% of its portfolio, is focused on London. 

Cushman & Wakefield and JLL advise British Land and Oxford Properties. Cushman & Wakefield advised Clydesdale.

If you are interested in space in the Leadenhall Building please call Gryphon Property Partners on 0203 440 9800 or click on the following link - Leadenhall Building