Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has completed three further lettings at its newly refurbished 75 Farringdon Road office building in London’s Midtown, leasing c.11,000 sq ft of space and bringing the scheme to over 60% let.
Interior design brand König + Neurath has agreed to take c.4,500 sq ft of space across the Ground and Lower Ground floors of the building on a ten-year lease, at a blended rent of £44.60 psf, and will benefit from the asset’s strong visibility to showcase its brand and furniture. Life sciences advisory firm Red Nucleus has signed up to c.3,200 sq ft across the fourth floor on a three-year lease, at a headline rent of £72.50 psf, and will utilise the fully fitted space on offer. Additionally, computer advisory firm Netstar has agreed to take c.3,200 sq ft across the fifth floor on a five-year lease, at a headline rent of £70.00 psf.
