Land Securities has let 49,000 sq ft of office space at Thomas More Square, E1.
Charity St Mungo’s Broadway has taken a 15-year lease with an 11-year break on 20,000 sq ft on the fifth floor, making the building’s refurbished office space 63% let.
Marketing company Digital Window has also signed fro 29,000 sq ft on the fourth and fifth floors at 2 Thomas More Square, on a 10-year reversionary lease from September 2016.
There is 59,000 sq ft of category A refurbished space remaining in 3 Thomas More Square.
St Mungo’s Broadway head of facilities and business continuity Chris Croughton said: “With leases expiring on existing spaces we were looking for great value office space that enabled us to bring together around 240 staff currently working in five different locations, following the merger of St Mungo’s and Broadway in April 2014. This move offers that opportunity and will help foster even more collaborative working across teams in order to better support our clients to recover from homelessness, rebuild their lives and fulfil their hopes and ambitions.”
Digital Window UK country manager Anthony Clements said: “The move to Thomas More Square was part of our planned expansion for the business in the UK. Since the start of 2013 we have added 57 employees to the company and we needed a new space that was not only offered more space, but also a location reflective of a growing technology company. The new office space is beautifully designed and our staff are settling in and enjoying their new work environment.”
LandSec head of commercial Kaela Fenn-Smith said: “We are delighted that St Mungo’s and Digital Window have chosen to move their businesses to Thomas More Square, where the transformation is really taking shape. Their staff will benefit from much improved office environments and appealing public realm, as well as a number of new restaurants and shops. In line with our plans, it is great to see Thomas More Square fulfilling its potential as a vibrant yet tranquil place to work in central London.”
DTZ and Knight Frank advised Land Securities; Ashwell Rogers advised St Mungo’s; Cluttons advised Digital Window.
