Orchard Street lets remaining space at Fitzrovia office scheme

Orchard Street Investment Management has leased more than 13,000 sq ft at 27-35 Mortimer Street, W1, taking the office scheme to full occupancy. The investment manager has completed two lettings across three floors at the newly refurbished office building. Security and AI specialist Helsing has signed for more than 7,500 sq ft. It will occupy the fourth and fifth floors on a 10-year lease. The firm will be taking more space than it occupied at its previous location, in line with its plans for growth. The remaining 5,450 sq ft has been taken by commercial law firm Wallace. The firm, which will occupy space on the second floor, has also signed a 10-year lease and will use the fully fitted space for its London HQ. Orchard Street bought the 22,000 sq ft office from Great Portland Estates for £38.5m in 2018. As part of the refurbishment, the sustainability credentials of the building have been improved. The building has achieved a BREEAM Excellent rating and an EPC of B. Josh Quinton-Smith, asset manager at Orchard Street, said: “Occupiers remain attracted to sustainable, well-designed and amenity-rich buildings in good locations, and that we have been able to secure two high-calibre tenants at premium rents in such quick succession demonstrates this, while also being testament to our asset management strategy and excellent project team.” Bluebook acted as the letting agent for Orchard Street.   To send feedback, e-mail chante.bohitige@eg.co.uk or tweet @bohitige View rental values for Mortimer Street >>