October 1, 2024
Schroders Capital’s real estate team and The Berners-Allsopp Estate, advised by Bluebook and RX London, have let three floors of their landmark 60,000 sq ft Berners & Wells building, at 58-60 Berners Street and 14-17 Wells Street, London W1 to Gleeds.
The construction consultancy firm has taken 13,000 sq ft on the lower ground, ground and 5th floors on a 15-year lease of the seven-storey building. The letting will allow the long established Fitzrovia occupier to remain in the district.
It follows on from the lettings of the 6th and 7th floors, to Fundament, and the 4th floor to Seplat Energy. The letting to Gleeds leaves three floors totalling 23,000 sq ft remaining.
Designed by Emrys architects, Berners & Wells is located within the centre of Fitzrovia, providing best in class office space, with communal roof terrace and BREEAM New Construction ‘Excellent’ 2024 certification1.
Charles Twist, real estate asset manager, Schroders Capital, said: “This letting highlights our commitment to creating a first-class working environment with excellent credentials for the ever-discerning occupier.”
Max Whitaker, managing director, The Berners-Allsopp Estate, said: “Amongst all our holdings in the popular Fitzrovia district, the Berners & Wells building stands out as not only an architectural jewel, but an exemplar Grade A building.”
Schroders Capital & The Berners-Allsopp Estate were advised by Bluebook and RX London
Gleeds were advised by Bluebook.
1 The BREEAM New construction standards provide a framework to deliver newly built assets which are high performing and sustainable. The framework supports commercial success while creating positive environmental and social impact. Each standard uses a common framework that is adaptable to the asset’s location, allowing for international consistency and comparability.
