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LONDON-Hermes and Greycoat’s Tower Limited Partnership has achieved £65 ($95) per sf in a letting of 18,975 sf of newly-refurbished office space at 20 Old Broad Street, EC2, part of its Tower 42 Estate, to mezzanine financiers Intermediate Capital Group. Intermediate Capital Group Plc has signed a 20-year lease on ground, second, third and fourth floors with four car parking spaces. The remainder of the building was recently let to Top Notch which recently opened a 12,895 sf health club and gym.

The Tower Limited Partnership has recently refurbished and extended 20 Old Broad Street incorporating the development of an additional office storey at fourth floor level.

Jones Lang LaSalle and Insignia Richard Ellis advised the landlord and John D Wood acted for Intermediate Capital Group.

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