British Land announces that 7 Clarges Street, Mayfair, is over 80% let

British Land has announced that, four months after launch, its office space at 7 Clarges Street, a 51,000 square foot prime commercial development in Mayfair, is now 83% let, having secured terms with Capula Investment Management, Quantum Pacific and Fortress Investment Group. Capula Investment Management will occupy 23,700 square foot across three floors whilst US-based global investment firm Fortress has leased the fourth floor (8,200 square feet). Both deals are for a period of ten years.

British Land says that 7 Clarges Street encompasses six floors of flexible triple-aspect office space, with employees able to enjoy natural light through floor-to-ceiling windows. The building is located within a five-minute walk of Green Park station and benefits from strong transport links across London, with Crossrail also due to arrive at nearby Bond Street in 2018.

7 Clarges Street is the office element of a wider mixed-use development by British Land which also includes Clarges Mayfair, a luxury residential address of 34 new homes on the edge of Green Park. Clarges Mayfair is due for completion later this year and 23 apartments have now been sold and British Land says that some of these have been at record-breaking values. The remaining 11 apartments will be marketed on completion of the development.

British Land announces that 7 Clarges Street, Mayfair, is over 80% let : BLND