Aberdeen Asset Management has sold the freehold interest of One Welbeck Street, W1, to Lazari Investments for in excess of £103m.
The scheme, located close to the new entrance to the Bond Street Crossrail station on Marylebone Lane, will be launched at end of April.
The Aukett Swanke-designed property has been recently redeveloped to provide 55,000 sq ft of grade A offices, including 2,000 sq ft of roof terraces.
Nicholas Lazari, director, Lazari Investments, said: “This asset is the only opportunity for a tenant to secure new space over 25,000 sq ft in Marylebone in 2016. This acquisition also of strategic importance to us, given our ownership of the adjoining properties.”
Colliers International will be letting agent for the offices and represented Aberdeen Asset Management; Lazari was unrepresented.
To send feedback, e-mail shekha.vyas@estatesgazette.com or tweet @ShekhaV or @estatesgazette
