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.”
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.
We are going to MIPIM
We are going to MIPIM between 12-15 March and look forward to meeting new and existing colleagues.
If you would like to arrange a meeting with Nick Crawford, Mark Tizzard and Nick Ball do get in touch with Charlotte Boorman to arrange a date and time.
Frost Fair
TIDE is located in an area rich in history and culture.
It was a pleasure to sponsor Better Bankside’s Frost Fair this weekend.
A thoroughly enjoyable family event celebrating a period of time when the River Thames froze over 24 times; the ice was thick enough to have market stalls, dancing and even have an elephant walk on it!
The Frost Fair replicated traditional events from folk dancing and singing to artisan markets and a life-sized elephant puppet parade and also showcased a Dr Who screening with the frozen Thames.
Thanks to Better Bankside for putting on a great event.
Grand Central Apartments, Kings Cross
We are very pleased to welcome our new residents to Grand Central Apartments, Kings Cross.
This amazing 22-storey tower located in the heart of Kings Cross was 100% pre-sold over a year before completion.
Grand Central Apartments is a testament to our outstanding design team, including Stiff + Trevillion Architects, Hoare Lee, Turley, Gardiner & Theobald thank you for all your hard work.
We’d also like to thank JLL especially Louis Carstens for a successful sales campaign.
River clean by TIDE Bankside
Yesterday some of the LBS team working on our development TIDE Bankside took part in a riverbank clean with our main contractor Kier Construction.
Members of our team along with Kier and Barings collected litter on the riverbank close to TIDE.
It was great to be part of this event organised by Kier and to be able to make a small contribution to improving the environment immediately surrounding our project.