The Real Estate team at leading law firm Irwin Mitchell has advised Bruntwood and Kier Property on a deal which sees Addleshaw Goddard (AG) sign a 17½ year lease to take more than 50,000 sq ft at 3 Sovereign Square in Leeds.
The property, which is being developed by joint venture partners Bruntwood and Kier Property, will be completed by the middle of next year with AG expected to relocate by the end of 2016.
DLA Piper represented Autodesk, a 3D design software firm, in the negotiation of a 70,000-square-foot lease, with the option to occupy an additional 50,000 square feet, in the Innovation and Design Building in Boston’s Seaport District.
The new office will span three floors and also be the site of the new “Building Innovation Learning & Design” space, which brings together students, entrepreneurs and researchers to explore new tools.
On March 27, a project company set up by AVIC International Leasing Co., Ltd. within Dongjiang Free Trade Port Zone of Tianjin, Export Development Canada, Canada Bombardier Commercial Aircraft and China Express Airlines completed the offshore finance lease for two Bombardier CRJ900 aircrafts. Shanghai-based senior partners Wu Jingjing and Li Yingchun provided PRC legal counsel for AVIC International Leasing Co., Ltd. and its project company.
A multi-disciplinary team from Clifford Chance has advised Deloitte on the pre let of the whole building of 1 New Street Square, currently under construction by Land Securities. Deloitte will take 275,000 square foot of space on a 20-year lease at the site, which is set to be completed in 12 months.
DLA Piper represented MassDevelopment, Massachusetts’s economic development agency, and MassDevelopment/Saltonstall Building Redevelopment Corp.in the US$280 million ground lease sale of the former Saltonstall Building, located at 100 Cambridge Street, from Intercontinental Real Estate Corporation, an SEC Registered Investment Adviser.
Slaughter and May is advising Derwent London on the letting of the ninth and tenth floors at 1 Stephen Street, London W1 to AnaCap Financial Partners LLP (AnaCap), a private equity firm. AnaCap will take a 10-year lease of approximately 16,150 sq. ft. at an initial rent in excess of £80 per sq. ft., equivalent to approximately £1.3 million per annum.
Osborne Clarke has advised the international pharmaceutical and diagnostics company Grifols on the construction of its new German headquarter.
Grifols is an international pharmaceutical company with a last year’s turnover of EUR 3,350 billion which has been helping to improve the life and physical comfort of patients for more than 70 years by developing life-saving medications on basis of blood plasma, diagnostic systems and products for hospitals.
Irwin Mitchell has advised Leeds Law Society on its move from its historic home in a deal that will secure the future of the prestigious organisation and brings a major restaurant chain to the city.
After over 100 years at 1 Albion Place in Leeds, the Law Society has agreed a long term lease with the Bill’s restaurant chain that will see the Grade-II listed building sympathetically transformed into a top-class venue at the heart of the city’s leisure and retail district.
Shoosmiths has advised Hewlett Packard on a new lease of 68,000 sq ft of Grade A office space in the heart of the City of London, at 1 Aldermanbury Square.
Hewlett Packard is set to move into its new office accommodation, owned by EPIC UK, in November 2015, occupying the whole of 1 Aldermanbury Square on a 15 year lease.
Slaughter and May is advising Derwent London on the letting of first, second and third floors, 2 Stephen Street, London W1 to The Office Group, a flexible office space provider. The Office Group will take a 20-year lease of approximately 34,000 square feet at a basic annual rent of approximately £2.2 million together with profit-sharing arrangements.
The refurbished building forms part of Derwent London's significant interests in the redevelopment of sites in the vicinity of the new Crossrail station at Tottenham Court Road.
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