Queen Mary University prelets entire SREF Whitechapel scheme
Queen Mary University of London has exchanged contracts to take all of the 55,380 sq ft office space at Schroder UK Real Estate Fund’s revamp of the former Wickham’s department store in Whitechapel, E15, on a 15-year lease.
The 1927 Beaux Arts building, to be known as Department W, on Mile End Road is undergoing an £11m refurbishment with extension designed by BuckleyGrayYeoman Architects.
Queen Mary University of London will house one of its additional support units across the property’s five floors.
Queen Mary University of London has exchanged contracts to take all of the 55,380 sq ft office space at Schroder UK Real Estate Fund’s revamp of the former Wickham’s department store in Whitechapel, E15, on a 15-year lease.
The 1927 Beaux Arts building, to be known as Department W, on Mile End Road is undergoing an £11m refurbishment with extension designed by BuckleyGrayYeoman Architects.
Queen Mary University of London will house one of its additional support units across the property’s five floors.
The university is targeting starting its fit out of the space from mid-2020 and occupation in early 2021.
Jessica Berney, fund manager for SREF, said: “Whitechapel is becoming an increasingly exciting London submarket, particularly in the field of research and development, and local pride and history is a significant part of its growing occupier appeal.
“The multi-million-pound commitment to create this unique, bespoke space was made with this context in mind and a prestigious and proudly East End educational institution has seized the opportunity to occupy this inspiring property, beginning the newest chapter in the building’s rich history.”
James Neville, partner at Allsop, added: “The eastern corridor of the city is experiencing a significant migration of businesses from the inner city and is continuing to demonstrate the strength of the Whitechapel submarket.”
Colliers International and Allsop acted for SREF; Daniel Watney represented Queen Mary.
To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette
