LBS acquires One Wood Street in partnership with Meadow Partners

LBS, in partnership with Meadow Partners, has acquired One Wood Street. LBS has also been appointed as asset manager.

One Wood Street is a 184,184 SF landmark headquarters office building in the core of the City of London, situated between the Bank of England and St Paul’s Cathedral.

The building benefits from outstanding connectivity, being in close proximity to Bank and St Paul’s underground stations, whilst the Elizabeth line is accessed via the nearby Moorgate station.

The offices are leased in full to the global law firm, Eversheds Sutherland LLP, whilst three prominent retail units front onto Cheapside – the City’s primary retail thoroughfare.

James Willson, Managing Director (Offices) of LBS, said of the acquisition:

“One Wood Street presented a rare opportunity to acquire a high-quality, reversionary asset in a core City of London location at an interesting point in the cycle. We look forward to working closely with Meadow Partners over the coming years to execute our business plan.”