JLL has launched a search for a new 180,000 sq ft central London hub.
The advisory giant plans to consolidate its commercial offices in the West End, City and Canary Wharf into one location.
JLL’s current offices include:
■ 30 Warwick Street, W1, where it occupies the entire 72,503 sq ft building on a lease expiring in 2021;
■ 25 Walbrook, EC4, where it occupies 10,500 sq ft on a lease expiring in 2024; and
■ 40 Bank Street, E14, where it occupies 57,335 sq ft with an undisclosed lease expiry.
The first phase of the search is focusing on central London between Oxford Street and Canary Wharf/Stratford and South Bank to King’s Cross.
There is a dearth of office space due to complete in City of West End around 2022 when JLL plans to relocate. The only consented central London office scheme due to complete in 2020 which has not been pre-let is HB Reavis’ Elizabeth House on the Southbank, SE1.
JLL’s requirement could also kickstart consented developments at Argent’s King’s Cross, N1 or Lendlease and London Continental Railways’ International Quarter, Stratford.
Richard Howling, chief operating officer at JLL UK, said: “Bringing our three offices together into one core location will allow us to provide the best workspace for our people.
“As technology continues to revolutionise working life, flexibility, connectivity and user experience are key to JLL’s workspace transformation.
“At this initial stage in our search, we are open minded about location, so we are casting the net fairly wide across the city.”
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