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Stephen Street now fully let

1-2-Stephen-Street-THUMB.jpegDerwent has let around 20,000 sq ft on the ninth and tenth floors of 12 Stephen Street, W1, to private equity firm AnaCap.

The deal is a rare example of a financier taking space around Tottenham Court Road and also represents a new rental high for the building, with a price agreed of over £80 per sq ft.

The 267,000 sq ft block, of which 102,000 sq ft has been refurbished since 2013, is now fully let.

JLL and DTZ acted for Derwent; Monmouth Dean advised AnaCap.

chris.berkin@estatesgazette.com

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