LaSalle lets at record rent in Wimbledon
LONDON February 26, 2015 – LaSalle Investment Management has announced a new letting at their Wimbledon office property, Connect House, SW19 7JY to accountants WSM Partners at a record rent of £42 per square feet.
The tenant, who has relocated from other accommodation in Wimbledon, has signed for a 10 year lease without breaks on 5,344 sq ft on the third floor of the building which has been comprehensively refurbished.
Connect House comprises a self-contained office building of 21,349 sq ft. which has been comprehensively refurbished to provide a Grade A specification. The property is at the heart of Wimbledon's business district and immediately adjacent to Wimbledon Station with 23 onsite parking spaces.
Wimbledon Town Centre offers a wide range of high street retailing, restaurants and bars on the doorstep of Connect House. At the top of the hill, Wimbledon Village offers a broad variety of shopping, leisure and dining choices.
Gary Player, head of Business Space at LaSalle, comments: “This letting, on the completion of the refurbishment, reflects the quality of the product we have created and the strong property fundamentals of central Wimbledon, which offers a superb combination of great accessibility, a wide amenity range and high profile occupiers. We anticipate continued strong interest in the remaining space.”
WSM Partners were advised by Catlin Young; LaSalle were advised by Knight Frank.
About LaSalle Investment Management
LaSalle Investment Management, Inc. (together with its global investment advisory affiliates, “LaSalle”) is one of the world’s leading real estate investment managers. LaSalle on a global basis manages approximately $58 billion as of Q4 2017 of private and public equity and private debt investments. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle Investment Management, Inc. is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit www.lasalle.com.
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