Quadrant has completed a hat-trick of deals totalling 12,000 sq ft at the 107,000 sq ft Cannon Green office and retail scheme in the heart of the City of London.
GlobalLogic has taken 4,732 sq ft on the sixth floor on a five-year lease, US legal firm Ogletree Deakins has signed for 4,106 sq ft on the third floor for 10 years, and Pure IP, an international cloud-based business voice solutions firm, has taken 2,708 sq ft on the second floor on a five-year lease. A further 9,000 sq ft of office space at Cannon Green is also under offer to another occupier.
Johnny Armour, associate partner at Quadrant, which oversaw the refurbishment of Cannon Green’s workspace on behalf of a Korean institutional investor, said: “These lettings are a strong endorsement of our strategy at Cannon Green and the appeal of high quality, amenity rich workspace in the City of London. To secure three occupiers in quick succession, at attractive rents and within months of completion, is an excellent outcome for our client and a clear validation of the investment made in the building.
“It’s also positive news for the wider London office market, reinforcing the depth of demand for high quality fitted space, showing occupiers are ready to quickly commit to best-in-class space that supports productivity, business connectivity and employee wellbeing. With further space also under offer, Cannon Green is rapidly establishing itself as one of the City’s standout schemes.”
RX London and Cushman & Wakefield are the joint leasing agents for Cannon Green.
