Helical’s C Space fully let
Helical has let the remaining floors at its C Space office scheme in Shoreditch, EC1.
NeuLion, a technology provider that specialises in digital video broadcasting, has taken 15,387 sq ft across the entire top floor and the remaining half of the third floor. It has signed an 11-year lease with no break and a right to renew for a further five years. It is believed to be paying £70 per sq ft on the top floor and £65 per sq ft on the third floor.
Helical has let the remaining floors at its C Space office scheme in Shoreditch, EC1.
NeuLion, a technology provider that specialises in digital video broadcasting, has taken 15,387 sq ft across the entire top floor and the remaining half of the third floor. It has signed an 11-year lease with no break and a right to renew for a further five years. It is believed to be paying £70 per sq ft on the top floor and £65 per sq ft on the third floor.
Helical redeveloped the former carpet factory at 37-45 City Road to create the 62,000 sq ft C Space. Mullen Lowe Group UK prelet 75% of the building to house advertising agency DLKW Lowe, activation agency Lowe Open and digital agency Lowe Profero.
Matthew Bonning-Snook, development director at Helical, said: “NeuLion is a fantastic new economy business and we look forward to welcoming them to C Space to join the digital advertising and marketing agency Mullen Lowe. Working with architects Buckley Gray Yeoman, we set out to attract exciting and creative businesses which appreciate a building rich in its industrial heritage but transformed to provide a fresh, flexible work environment built around the needs of today’s businesses.”
Roy Reichbach, president and chief executive at NeuLion, added: “The office and location is the perfect fit for us as we continue to expand our business and operations in Europe.”
Helical was advised by Savills and Hall Kemp; NeuLion was advised by Knight Frank.
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