The Thackeray Estate is celebrating a number of new lettings at The Eastcheap Estate, EC3, following a comprehensive refurbishment of the historic buildings.
Some of the most recent deals include the lettings to ETFS Securities and Prospect Wealth Management at £68.50 and £70.00 per sq ft respectively.
The Eastcheap Estate is a collection of three refurbished office and retail buildings in the City core, comprising 31,838 sq ft of retail and boutique-style offices, finished to a high-specification with restored features both internally and externally.
The Estate has attracted a diverse mix of office occupiers from the legal, recruitment, FinTech, TMT and financial sectors, with the retail units now home to operators including Blacklock, Adam Grooming, Joe & The Juice and coffee chain Black Sheep.
The mix of businesses, restaurants and coffee shops reflects the changing occupier dynamic in the City, which has seen increasing levels of footfall bring vibrancy to what has become a key destination within the City of London. The offices have commanded premium rents in excess of £70 per sq ft.
Charles Thompson, of The Thackeray Estate, commented: “This is a truly iconic mix of office and retail buildings, completed to an exceptional standard and located in a highly desirable place to work, anchored by the nearby City tower cluster. The area has seen a dramatic rise in breakfast, lunch and evening trade with The Eastcheap Estate being at the heart of this activity, which has attracted an exciting blend of business occupiers. Our leasing success is a clear testament to the quality of the Estate.”
Tim Williams, Senior Director at BNP Paribas Real Estate, added: “The rents achieved reflect the quality of the accommodation and finishes, the unique nature of the buildings in this ever improving area of the City.
“Our client has delivered an outstanding restoration and repositioning of these beautiful buildings and the speed with which we were able to agree leases is a testament to occupier demand for quality accommodation in excellent locations.”
BNP Paribas Real Estate, Colliers International and Nash Bond acted for The Thackeray Estate.