AXA Real Estate secures major Midtown office space pre-let

Independent law firm commits to 21,500 sq ft in Lincoln’s Inn Fields, WC2

Article posted: 04 Nov 2011

Farrer & Co LLP has committed to take 21,500 sq ft of office space in Midtown, WC2, on a 10 year lease in the remodelled 20 Lincoln’s Inn Fields, ahead of the building’s practical completion due at the end of November.

The development is owned by an AXA Real Estate investment vehicle, which is managed on behalf of a client and advised by Midtown specialists Farebrother.

The building occupies a prominent position close to Farrer & Co’s existing offices in Lincoln’s Inn Fields. It has been extensively but sensitively refurbished to include a new reception and updated lettable space to suit modern occupiers’ requirements. Farrer & Co LLP will take the entire 3rd, 5th and 6th floors and parts of both ground and basement.

Commenting on the pre-let, James Owen, Senior Fund Manager at AXA Real Estate said: “Securing such a quality tenant as Farrer & Co reflects the building’s outstanding location in the heart of Lincoln’s Inn Fields. We are now pleased to have brought the building up to a new level of quality and to welcome one of Lincoln’s Inn Fields’ longest occupiers to space that will meet all of its requirements.”

Ben Bennett, Partner and Chief Operating Officer of Farrer & Co LLP commented: “The acquisition of these high quality refurbished offices is an exciting next step in the firm’s continuing development, allowing for both future growth and enhanced client meeting and conferencing facilities in a setting that meets our clients’ expectations.”

Julian Hind, Head of Leasing, Sales & Development at Farebrother commented: “Although there is little or no supply of new or newly refurbished space in WC2, landlords still have to deliver a special product to attract quality tenants.”

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Posted by Jules