9th May 2014 06:40
LONDON (Alliance News) - British Land PLC Friday said it has completed its first letting at Marble Arch House, London in a deal with Fulcrum Asset Management.
The ten-year lease at GBP78.50 per square foot per year comes just a month after British Land launched the building. The site near Marble Arch tube station consists of 61,200 square feet of new office space spread over seven floors, and 15,000 square feet of retail space.
Fulcum will occupy the 9,000 square feet fifth floor, making the lease worth GBP706,500 per year.
British Land acquired Marble Arch House from the Portman Estate in 2011.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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