Faegre Drinker Biddle & Reath has signed for 14,534 st ft on level 18 of Stanhope and Mitsubishi Estate’s 8 Bishopsgate, EC2.
The US firm, which has its headquarters in Minneapolis, is taking the space on a 10-year lease agreement. Rents were undisclosed.
The 50-storey building has achieved rents of more than £90 per sq ft this year. Reinsurance provider SCOR took 50,000 sq ft at £91.24 per sq ft in January, according to EG Radius data.
Shinichi Kagitomi, managing director of Mitsubishi Estate London, said: “Faegre Drinker will join an existing roster of top-tier legal and professional services occupiers who have chosen 8 Bishopsgate as their home and we look forward to playing our part in their continued success.”
David Camp, chief executive of Stanhope, said: “This collaboration underscores Stanhope’s dedication to creating environments that support innovation and business growth.”
Alex Denny, partner and London office leader at Faegre Drinker, said: “This move demonstrates the firm’s unwavering dedication to serving our clients located in – or doing business in – the UK and Europe. Enhancing our London footprint affirms our commitment to growth in this crucial market and we look forward to sharing the outstanding experience of the space with clients, firm professionals and guests.”
Photo © Mitsubishi Estate
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