AshbyCapital and Helical plc, one of London’s leading property developers, have agreed a new 10 year lease at One Bartholomew, EC1, with leading law firm BDB Pitmans LLP.
Formed in 2018 following the merger of long established firms Bircham Dyson Bell and Pitmans Law, BDB Pitmans will take the whole of the third and fourth floors, totalling 38,156 sq ft, as the new base for its London operations, moving from their current office in Westminster. The rent is in line with previously agreed leases.
One Bartholomew has been developed by Helical on behalf of owners, AshbyCapital, and delivers 221,000 sq ft of new Grade A office space across 12 floors. Designed by Sheppard Robson, the offices benefit from floor-to-ceiling glazing which allows for brilliant views of St. Paul’s Cathedral. With 338 bicycle racks, 17 showers, 338 lockers, a WiredScore Platinum rating and Amazon lockers, Helical and AshbyCapital have ensured the requirements of modern tenants are met fully.
Barts Square is a three-acre, mixed use development located between St Paul’s and Smithfield. Comprising 236 high quality apartments, circa 250,000 sq ft of contemporary office space over three buildings and 10 retail and restaurant units, Barts Square is the creation of a genuine new urban quarter in this charming location. It is also a short walk from the new Farringdon East Elizabeth Line (Crossrail) station, due to open in 2020. Independent restaurant operators Wright and Bell, operating as Lino, award winning vegan restaurant, Stem + Glory, and Halfcup, the all day brunch restaurant are also located around the main square.
Gerald Kaye, Chief Executive at Helical, commented: “We continue to see strong occupational demand for great assets and this letting is another example of a business heading east to Barts Square, attracted by its strong transport links and fantastic public realm.”
Andrew Smith, managing partner at BDB Pitmans commented: “We are delighted to have secured this space at One Bartholomew. This is an exciting time for the firm and the move to the new premises will be a key step in achieving the firm’s strategic plans”
Peter Ferrari, Chief Executive, AshbyCapital, concluded: “It is very pleasing to see the momentum behind lettings at One Bartholomew. We are extremely proud of the building and thrilled to see the near completed Barts Square starting to cement its role as a new destination within the City.”
One Bartholomew has proved to be popular with a diverse range of businesses attracted to the quality, design and environmental credentials of the building together with its strong location. Other tenants at the building include InfraRed Capital Partners, The University of Chicago Booth Business School, Sopra Steria and The Trade Desk UK, meaning that only one floor of 19,077 sq ft remains available.
AshbyCapital was advised by Savills, Ingleby Trice and CBRE. Devono represented BDB Pitmans.
For further information please contact:
Tel: 020 7629 0113
Dido Laurimore/Richard Gotla/Andrew Davis
Tel: 020 3727 1000