LBS Properties and Meadow Partners have acquired the One Wood Street office scheme in the heart of the City of London for an undisclosed price.
The 184,184 sq ft headquarters building, which features three retail units fronting onto Cheapside, is let in its entirety to law firm Eversheds Sunderland.
LBS has also been appointed as asset manager for the building, which is situated between the Bank of England and St Paul’s Cathedral.
James Willson, managing director (offices) at LBS Properties, said: “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.”
