May 12, 2014
Benson Elliot and asset manager XLB Property have secured a double letting success at the 135,000 sq ft Ealing Cross office building in Ealing, west London.
Employee Advisory Resource Ltd, relocating from Chiswick Park, has signed 8,270 sq ft of space on the ground floor, while US cloud telecoms company Ring Central has taken 8,325 sq ft on the second floor. Both leases have 10 year terms.
With a further 12,000 sq ft under offer, the letting of which would leave only part of the fifth floor available. The quoting rent for that remaining 9,375 sq ft of space is £37.50 per sq ft.
Other occupiers include dunnhumby, RedBee Media, A2 Dominion and Toluna.
James Jakeman of Benson Elliot said:
“Ealing Cross is witnessing a strong pull from occupiers that are attracted by its high quality, Ealing’s improving retail offer and great transport connections including Crossrail in 2018.”
Hanover Green and JLL are advising Benson Elliot and XLB Property. CBRE represented Employee Advisory Resource while Ring Central was advised by Morgan Pryce.