British Telecom is taking 1,486 sq m (16,000 sq ft) at the Prudential’s Stannard Place office development in Norwich.
BT will move into the second floor of both Austin House and Cavell House, on two 15-year leases with 10-year breaks. The rent is £107.64 per sq m (£10 per sq ft), after a year rent free. The communications giant confirmed that it will be disposing of its existing offices in the city at St Giles Street.
Last month, the Pru let 1,718 sq m (18,500 sq ft) at Stannard Place to Regus Business Systems. Other occupiers include Prudential itself and General Accident.
Drivers Jonas and DTZ Debenham Thorpe are the letting agents. Roche Chartered Surveyors advised BT.
EGi News 16/01/97
