Helical Bar has signed Endemol Shine UK on a new lease, including additional expansion space, at The Shepherds Building, and signed a pre-let at 1 King Street in Hammersmith to a global healthcare software provider.
TV production company Endemol has taken a further 8,000 sq ft and will now occupy a total of 80,500 sq ft of space over six floors.
Endemol first moved in to The Shepherds Building in 2001 after Helical Bar’s original refurbishment, converting the building from a former Inland Revenue Tax office.As well as it being their UK head office, it also accommodates subsidiary businesses, including DSP, Tiger Aspect and Zeppotron.
The 151,000 sq ft office which has had further refurbishment in 2014 and 2015 is also home to Mr & Mrs Smith, Gü Puds, JellyCat and Beyond Luxury Media.
Tom Anderson, Helical Bar, said: “This commitment underlines the strength of demand from occupiers for high quality office space in West London, and supports the rationale for growing this part of Helical’s portfolio following the recent acquisition of Power Road Studios in Chiswick.”
Helical Bar have also signed a new tenant to occupy a total of 8,500 sq. ft. of office space on the top two floors of 1 King Street, a 40,000 sq ft building on the corner with the Broadway. They say this letting “signifies the continued demand for offices in the Hammersmith area”.
Office tenants in the building include Realex Payments, Drugdev & Kaplan Financial.
Tom Anderson said of this letting: “The refurbishment works formed part of a five-year business plan for the building since purchasing it from administrators in 2012 and this letting clearly highlights the underlying strength of the West London office market and the overall success of our investment and asset management strategy.”
Shaun Wolfe, director of Frost Meadowcroft, added: “This letting is significant in that it is the largest open market deal in Hammersmith in 2015 while also setting a new best rent for the area.”