Land Sec lets 7,000 m[sup]2[/sup] to City of London law firm

UK real estate company Land Securities has exchanged contracts with law firm Speechly Bircham for the pre-letting of 77,000 square feet (7,000 m2) of office space at the New Street Square development on New Fetter Lane in central London.

Speechly Bircham will make 6 New Street Square its new UK head office, occupying the first seven floors of the building at £53.50 per square foot on a 15-year lease. CB Richard Ellis and Jones Lang LaSalle advised Land Securities and GVA Grimley acted for Speechly Bircham. Churston Heard is advising Land Securities on the 2,000 m² retail element of the scheme.

The office property is part of the 68,000 m² mixed-use scheme, designed by Bennetts Associates, that replaces an assortment of post-war office blocks with four contemporary office buildings. Land Securities said 2 and 3 New Street Square have already been let to Deloitte and 5 New Street Square to legal firm Taylor Wessing.