New lease agreed for 7,321 sq ft at Script, EC1
Coalition Greenwich has signed for 7,321 sq ft at Script, our development in Old Street.
A leading global provider of benchmarking analytics, Coalition has taken fully fitted office space on the second floor of the building, which is located near Old Street tube station, on a five-year lease.
LBS Head of Acquisitions, James Willson says: “LBS is delighted to welcome Coalition Greenwich as the latest tenant to Script. We continue to experience strong underlying demand from central London occupiers for high-quality buildings that offer outstanding amenity. This letting attests to the quality of Script’s design, location and strong ESG credentials.”
Peter Hall, co-head of Workthere UK, which secured the letting for LBS, added: “We are thrilled to announce the completion of another letting on behalf of our client – LBS is a forward-looking landlord working collaboratively with advisors and occupiers to provide innovative leasing solutions. This is the third fully inclusive letting we have secured at Script and the fifth in the City Fringe on behalf of LBS over the past year, underscoring the ongoing demand for high-quality managed spaces in London.”
LBS & Barings secure first TIDE Bankside letting
Alongside our joint venture partner Barings, we are proud to have agreed the first pre-letting at the TIDE Bankside development.
Having bought the site with full planning permission in 2021, the JV has agreed a lease spanning the entire third floor of c.13,907 sq ft with Costello Medical. The company, which provides scientific support to the healthcare sector, has signed a 15-year lease.
Costello Medical is expected to take occupancy of its space shortly after the building completes this summer, moving from its existing office on Old Broad Street.
Tide comprises 11 upper floors providing 133,794 sq ft of grade A office space, along with a ground floor retail unit and 11,560 sq ft of affordable workspace on the lower ground, ground and first floors. The Squire & Partners-designed development includes a 5,167 sq ft rooftop communal terrace.
Cushman & Wakefield, RX London and USP are letting agents for Tide.
Nick Crawford, CEO of LBS Properties said: “TIDE’s design, location and market-leading sustainability credentials make it the perfect home for forward-looking businesses seeking to provide the very best in workplace experience for their teams.”
Rose Wickstead, London office lead, Costello Medical, said: “It is so important to us to provide our talented, hard-working teams with a fantastic professional home to foster connection and collaboration.
“As a B corp, Tide’s best-in-class green credentials and the social value it will create were deeply appealing to us. In Barings and LBS, we found real estate partners who understand our needs and we’re looking forward to being part of the Tide community with them and our soon-to-be neighbours in a cutting-edge building in such a brilliant central London location.”
Meet Jeanette Barnes, award-winning artist commissioned for TIDE
Amory Tower features in NLA Tall Buildings report
We’re immensely proud that one of our towers features in the latest
#NLATallBuildings report.
This special NLA 10-year anniversary edition profiles Amory Tower in the Isle of Dogs.
Access the full report: https://lnkd.in/eieTsw29
25 Moorgate tops out
Last week we celebrated the topping out of 25 Moorgate.
It’s an important milestone on this development, which is a great example of our commitment to sustainable development that goes beyond expectation. A class-leading retrofit, the project meets the very ambitious #LETI 2030 embodied carbon target.
We’re moving!
From 26th March, we’ll be moving to a new office space in the heart of Soho — just a short walk away from our current location.
Joining us there will be our colleagues from the Oakglen family of businesses.
If you have any questions, please feel free to get in touch.
See you there.