The Office
Group has bought the freehold of York House,
a 42,000 sq ft office in King’s Cross, N1, from private overseas investors for
around £30m.
The flexible office space provider, which acquired its first building in
2003, now has a 31-building London portfolio, as well as buildings in Leeds and
Bristol. Of these, 13 are freehold.
The purchase of York House takes the group’s portfolio of workspace to
more than 1.1m sq ft. The Office Group already has three buildings in King’s
Cross including the 30,000 sq ft Stanley Building.
Charlie Green, co-chief executive, said: “Buying another freehold,
particularly in King’s Cross, gives us the freedom to create something
interesting and we’re hopeful we can add some extra space as well.”
The Office Group was advised by Montana Investments; Capita Real Estate
represented the vendors.
If you are interested in viewing any of The Office Group's buildings please call Gryphon Property Partners on 0203 440 9800 or click on the following link - Office