The majority of the building will be leased back to Barclays for15 years, with a tenants break option between September 2005 andDecember 2006. By then Barclays will have relocated to its newmillion-sf headquarters currently under construction at CanaryWharf.
The deal means Morley has already struck deals worth £1.4billion ($2.2 billion) this year. Strutt & Parker advisedMorley. Cushman & Wakefield Healey & Baker and Atis RealWeatheralls advised Barclays Bank.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.