Almacantar’s lease London 125 Shaftesbury Avenue to WeWork

Mishcon de Reya has acted for property developer, Almacantar, on a significant letting to US co-working giants, WeWork, at 125 Shaftesbury Avenue, London, WC2H.

The Soho located site will become WeWork’s 21st flexible workspace location in the UK. Mishcon de Reya is also advising in relation to a major refurbishment of the space.

The building acquired by Almacantar, advised by Mishcon de Reya, in 2013, provides 190,000 sq ft of commercial and retail space, of which WeWork have agreed to lease 140,000 sq ft.

This is Almacantar’s second letting to WeWork this month; the company has also taken 280,000 sq ft at Almacantar’s Two Southbank Place, London.

The Mishcon de Reya Real Estate team was led by Legal Director Nick Harris (Picture) with support from Associate Heather MacIntosh and construction support from Legal Director Justine Ayto.

Involved fees earner: Nick Harris – Mishcon de Reya; Heather MacIntosh – Mishcon de Reya; Justine Ayto – Mishcon de Reya;

Law Firms: Mishcon de Reya;

Clients: Almacantar Ltd;