Howard de Walden Estate signs Asset Value Investors for Marylebone block
The Howard de Walden Estate has signed investment house Asset Value Investors as the final tenant at its Marylebone office block 2 Cavendish Square, W1.
AVI has taken 3,250 sq ft of office space on a 10-year lease at the site, meaning the recently refurbished building is now fully let. GN2 and Gerald Eve acted as agents for The Howard de Walden Estate.
The development provides 27,300 sq ft of office space across eight floors, and includes new cycling and changing facilities as well as private terraces.
The Howard de Walden Estate has signed investment house Asset Value Investors as the final tenant at its Marylebone office block 2 Cavendish Square, W1.
AVI has taken 3,250 sq ft of office space on a 10-year lease at the site, meaning the recently refurbished building is now fully let. GN2 and Gerald Eve acted as agents for The Howard de Walden Estate.
The development provides 27,300 sq ft of office space across eight floors, and includes new cycling and changing facilities as well as private terraces.
Five floors at the site, totalling 18,219 sq ft, were let to private healthcare provider HCA International on a 15-year lease last autumn. The other tenant, Orion Capital Managers, occupies the top two floors.
Richard North, head of commercial lettings at The Howard de Walden Estate, said: “We’re delighted to have secured an exciting new occupier at 2 Cavendish Square, resulting in a fully let space. At over 27,000 sq ft, it is one of Howard de Walden’s largest commercial developments, so this is a significant announcement for us.
“Tenants are now looking for better quality environments to work in, where the destination is somewhere people want to be rather than have to be. Marylebone remains a thriving location for businesses of all types and sizes and we look forward to welcoming our new tenants to the area.”
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