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Patrizia secures medical group at 40 Grosvenor Place

40 Grosvenor Place, SW1

Patrizia has let close to 29,000 sq ft at 4ORTY, 40 Grosvenor Place, SW1, to medical group Cleveland Clinic.

The Ohio-based business agreed a 15-year lease, taking 10,548 sq ft on the ground floor and 18,293 sq ft on the first floor.

The 216,000 sq ft building is now more than 70% let, with a further 56,000 sq ft available.

Michael Pryer, senior director at Patrizia, said: “To have this long-term commitment to 4ORTY from a global business demonstrates the appeal of 40 Grosvenor Place, with its high-quality space and excellent location in the heart of Belgravia, driving demand from occupiers.

“Despite Brexit, London remains an attractive commercial location thanks to its enduring appeal as a global city and international centre of business.”

Knight Frank and Montagu Evans acted for Patrizia.

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