No.1 Croydon office space in high demand
The managers of one of Croydon’s most iconic buildings are celebrating after securing tenants for more than a quarter of the site in this year alone.
Wainbridge Holdings Ltd, a Jersey-based developer and asset manager, acquired No.1 Croydon in 2010, and this year has secured five new lettings for more than 45,000 sq ft of space.
Tenants include HCL Aon, Pegasus Solutions, AIG and Dot Mailer, all on minimum five-year leases.
22,000 sq ft of the 160,000 sq ft of office space available remains.
Rob Rackind, principal and co-founder, Wainbridge Limited, said: “These lettings demonstrate the enduring appeal of this well-located, iconic building, as well as the refurbishment and improvements that we continue to make to the internal floor space, as it comes up for renewal.
“We also continue to believe in the medium to long term potential of Croydon as an office market and have further plans in place that we feel will create future rental growth.”