Ten Portman Square — British Land’s iconic West End office block built as part of the investment company’s 2010 Development Programme — is now fully let.
Weston Homes, a home counties residential developer, has taken a new lease on the building’s final 1,548 sq ft ground floor office space.
“The signing of Weston Homes is the culmination of a successful leasing programme at 10 Portman Square which has seen us secure a diverse mix of high calibre occupiers,” commented James Danby, head of office leasing at British Land.
The 113,700 sq ft building, which boasts one of London’s most prestigious addresses, has seen a variety of businesses attracted to its seven floors of Grade A office space, among them: Aspect Capital, the Saudi Arabian Oil Company Aramco, Ardagh Glass, Arrowgrass Capital, Ontario Teachers’ Pension Plan, and Independent Franchise Partners.
“Our decision to develop the building as part of our 2010 Development Programme has proved to be a good one,” added Danby. “It means that we have delivered exceptionally well-designed space, at a prestigious address, into a strong occupational market.”
Its Portman Square glass fronted office block is situated close to the expanding Baker Street Quarter, recently established as a business improvement district
Powered by the upturn in the development market after the recession, British Land’s programme involved the provision of almost three-million square feet of new office and commercial space. Of its six London schemes, two were in the City and four, totalling 820,000 sq ft, were in the West End.
