Addington’s £70/sq ft City lets

Addington has secured two lettings at its City of London office block Randall House at headline rents of £70/sq ft.

Arrow Enterprise Computing Solutions has taken 6,278 sq ft on the ground, first and second floors of the building, at 6 Dowgate Hill, while Australian law firm MinterEllison has taken 2,404 sq ft on the third floor.

The double letting means the building (pictured) is now 55% let within four months of being launched by investment and asset management specialist Addington.

Randall House was purchased as part of the Tree Portfolio, acquired by Tristan Capital Partners and Addington Capital in August 2014. The 15,500 sq ft office block was vacant when purchased and underwent a comprehensive refurbishment.

“There seems to be no shortage of demand for good-quality stock in the City and one further floor (lower ground) is also under offer with only the fourth and fifth floors still to be let,” said Martin Roberts, principal of Addington.

6 Heddon Street, London W1B 4BT
+44 (0)20 7042 9250
info@addington.uk.com