1 Mark Square, ShoreditchPosted on December 15, 2016
The high profile 1 Mark Square, Shoreditch was acquired in Q4 2016 by overseas clients of Clay Street.
The building provides a very rare, freehold, island site, in the heart of Shoreditch.
With a short unexpired lease to Thomson Reuters the investment holds great potential to either renew, or refurbish and release back into a market currently starved of quality office stock.
The building provides close to 62,000sqft of office accommodation with generous slab to slab height and flexible floor plates of 11,000sqft.
After close to 50 viewings and three rounds of bidding, contracts were exchanged within 5 days of agreeing terms. The purchase was completed in November 2016 at a price in excess of £38m.