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British Land nets NERA

NERA Economic Consulting has signed a lease for a new HQ at British Land’s Marble Arch House, W1.


The firm has signed a 10-year lease for 11,500 sq ft on the third floor. It will pay £72.50 per sq ft.


Marble Arch House, located on Seymour Street, comprises 61,200 sq ft of office space.


James Danby, head of office leasing at British Land, said: “Having launched the space in the spring, the leasing programme has gathered real momentum, with three significant deals completed in as many months. The building is close to being 50% let already.”


LEVY advised the tenant; CBRE and Cushman & Wakefield represented the landlord.


joanna.bourke@estatesgazette.com


 

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