US law firm signs up for London Wall prelet

US law firm Cleary Gottlieb Steen & Hamilton is under offer for more than 60,000 sq ft at Brookfield Office Properties’ and Oxford Properties’ 2 London Wall Place, EC2. The firm has agreed terms to lease the top five floors of the 16-storey tower, which comprises a total of 180,000 sq ft. Schroders signed a 310,000 sq ft prelet for the neighbouring 1 London Wall Place (pictured) in January at rents of about £60 per sq ft. Cleary Gottlieb has agreed to pay a significantly higher rent for the tower space. The deal takes the 500,000 sq ft London Wall Place development to 72% prelet, or 82% including Schroders’ 50,000 sq ft option for the lower floors of 2 London Wall Place. This takes space leased across Brookfield’s London office portfolio in the past 12 months to well over 1m sq ft. Elsewhere, US computing giant Hewlett-Packard has placed under offer the whole of EPIC UK’s 1 Aldermanbury Square, EC2. EPIC completed a refurbishment of the 68,434 sq ft block this summer. Quoting rents are £59.50 per sq ft. GM Real Estate and JLL are leasing agents on London Wall Place; Knight Frank is advising Cleary Gottlieb; JLL and DTZ are leasing agents on 1 Aldermanbury Square; CBRE advises HP.   jack.sidders@estatesgazette.com