Below is a selection of our recent and active projects.
Our clients are loyal to us and we return this loyalty by working passionately to deliver the very best advice to
complex real estate challenges. We are a small team focused exclusively on our client’s needs.
By forging strong relationships based on trust we can offer the counter view and challenge opinions.
As a result we have built a knowledge bank of experience that we can bring forward to projects such as these.
International American law firm Debevoise and Plimpton, commenced their search for a new London HQ early 2013. Rupert, as a consultant to JLL, advised on the recent acquisition of 55,000 sq ft on the top two floors of 10 Aldermanbury on a new lease from JP Morgan.
15 Appold Street
Mark, as a consultant to JLL, has been providing leasing and acquisition advice to this International law firm, Watson, Farley & Williams, over many years. Working jointly with JLL in Hong Kong, he helped set up a new office for the Partnership in this new market for the practice. More recently he has provided strategic advice on its London real estate, successfully re-gearing the firm’s lease on 70,000 sq ft at 15 Appold Street, London EC2.
6 Bevis Marks
6 Bevis Marks, London EC3, is a new 16 storey building designed by Fletcher Priest, completed in 2014. The building comprises 160,000 sq ft of Grade A office space, a unique roof garden and a dual entrance onto the Gherkin's ground floor plaza and Bevis Marks.
Office floors range from 7,000 to 13,500 sq ft and offer some spectacular views across the City. Three private roof terraces provide unique space for relaxation and entertainment for all occupiers of 6 Bevis Marks.
Squarebrook are appointed by AXA Investment Managers and BlackRock as leasing agents.
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Broadgate Quarter, London EC2, comprises a total of 457,000 sq ft of offices plus restaurants and cafes set in a bustling public space. It is home to some of the world’s biggest and strongest companies. Located on the western edge of the Broadgate estate, the area provides a link to the growing Tech City and Hoxton areas, home to tomorrow’s new powerhouse companies.
In 2015 Squarebrook let 60,000 sq ft at 1 Snowden Street as part of their role as development consultants and leasing agents appointed by Hines and HSBC. The 8th, 9th and 10th floors along with all common parts underwent a full refurbishment to the highest specification.
Squarebrook have been appointed to provide development and leasing advice to Stanhope and PWC on behalf of Nationwide, the owners of 51 Eastcheap, EC3. A revised planning application has been made for a new scheme of c. 90,000 sq ft, to be delivered in the first half of 2017.
20 Fenchurch Street
In 2013, Markel Insurance became the first occupier to secure space in London’s newest tower building. Mark, in conjunction with JLL, advised Markel on the relocation from its long-time home in Leadenhall Street to 25th, 26th and 27th floors, comprising just under 80,000 sq ft. Markel completed their relocation in November 2014.
60 Fenchurch Street
60 Fenchurch Street is a towering pillar of glass rising above the Fenchurch Street Plaza. Constructed in 2006 by renowned architects Eric Parry, the building comprises 60,000 sq ft of modern offices.
Squarebrook are advising Royal London on the investment management of the building through surrendering existing leases and consecutively re-letting at higher open market rents.
John Powell is also advising on all the rent reviews in the building on behalf of Royal London, these reviews set new benchmark rents for the building.
Mark moved to King Sturge in 1999, where he was one of the Partners responsible for driving forward the City business, heading up the City Agency team and then the UK Offices Group. On the merger with Jones Lang LaSalle, Mark became a Regional (EMEA) Director based in the city office, which is where he has remained until setting up his own business, Squarebrook. His main focus over the last 25 years has been on advising both landlords and tenants on the leasing, acquisition, investment and development of office space in the City and Central London Markets. Prior to joining King Sturge, he was at Chesterton for 10 years, where he built up and headed Chesterton’s City Agency and Investment Team.
His experience of advising owners and occupiers has been right across the spectrum of Corporate, Fund Management, Property Company, Banking, Law, Insurance, Government and Education.
21 New Street
This former wool warehouse located opposite Liverpool Street Station now forms a 60,000 sq ft office building principally occupied by the London City Police. In conjunction with JLL, Squarebrook advised on a variety of refurbishment and redevelopment options.
In January 2014 Squarebrook / JLL advised on the sale of the building to an institutional purchaser for £29.75m
30 North Colonnade
In June 2007, Fimalac purchased a development site at 30 North Colonnade from Canary Wharf. The new 350,000 sq ft building was completed in 2010 as a new London HQ for Fitch Ratings.
200,000 sq ft of surplus accommodation was let to KPMG in April 2014. Rupert advised on the purchase, acted as development advisor andadvised Fimalac on the letting.
In acquiring the 5th floor from February 2016 Fitch have been able to meet their expansion needs in the building, Rupert advised throughout the deal.
Plantation Place South
Plantation Place South, London EC3, is part of the internationally renowned Plantation Place estate comprising over 700,000 sq ft of Grade A office accommodation. The Estate occupies the former site of Plantation House whose name was derived from the tea and rubber markets housed within it. The building now provides a home to a wide range of insurance underwriters and brokers.
In early 2014 Squarebrook advised on the acquisition of the 5th floor for existing tenant, Arch Insurance Company, to accommodate their growth in London. In mid-2015 Squarebrook re-geared Arch’s lease structure within the building successfully negotiating the release of surplus accommodation back to the Landlord.
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In 2002 Rupert joined King Sturge in the City Agency team having built up 14 years’ experience in the City market at CBRE and Chesterton. At King Sturge he was one of the Partners responsible for significantly building the scale and reputation of the City office. His role was expanded in 2008 to oversee King Sturge’s growing International office agency business and he has worked throughout the European continent. His principal occupation remained with clients in the City office market covering office leasehold disposals, corporate real estate strategy, development consultancy and tenant representation. Within the City Rupert has also advised retailers, hoteliers, data centre operators and residential developers. On the merger with Jones Lang LaSalle, Rupert became a Regional (EMEA) Director based in the City office. In 2013 he became a consultant to JLL, prior to setting up his own business, Squarebrook.
Rupert has considerable experience working with international clients and overseas projects. His clients include credit rating agencies, US and UK law firms, insurance brokers and underwriters, global corporates, fund managers and property companies.
The Banking Hall
Mark has been providing strategic advice to ING Bank on its real estate in the City, culminating in the acquisition of their new London HQ at 8-10 Moorgate totalling 140,000 sq ft. This new development by Stanhope and Mitsui, will house the UK Commercial Banking operations of this Dutch global bank from mid 2016. Squarebrook are appointed on the sub-letting of 18,500 sq ft of surplus space in the building.
This iconic London landmark was for over 30 years the City’s tallest building. Although recently overtaken by a number of new towers, Tower 42 retains its seminal status.
In late 2013 Debevoise and Plimpton relocated from 60,000 sq ft in Tower 42 to their new London HQ at 65 Gresham Street. Their space in Tower 42 was returned to the landlord, with the exception of Level 17. This floor is now available in units from 3,000 sq ft to 9,000 sq ft on a short term basis, fully fitted with offices and desks.
Squarebrook are appointed as leasing agents.
Corporate & Investment Bank
Mark has been advising the investment banking arm of Credit Agricole (CA-CIB) for many years. He previously negotiated the surrender of the bank’s lease, on the site of the now iconic Leadenhall building.
Squarebrook has been instructed (in a joint appointment with JLL) to acquire new premises for the bank ahead of its lease expiry in 2019. Given its scale of up to 200,000 sq ft and the specific needs of its trading floor operations, the project has now been started in earnest.