February 14, 2019
Today we announced long-term tenant WilmerHale has re-committed to a new 10 year lease at 49 Park Lane.
The international law firm has been the sole occupant at the prestigious Mayfair property since we completed the development in 2009.
49 Park Lane is located in the heart of Mayfair, central London’s most upscale and desirable address. It comprises 28,000 sq ft (2,600 sq m) of prime office space over nine column-free floors boasting floor-to-ceiling windows and terraces directly overlooking Hyde Park.
Sandra Cooper, Asset Manager for the UK commented: To secure the recommitment of a long-term and valued tenant is testament to the strong relationship we have built with WilmerHale, and speaks volumes to the detail and quality we brought to the development nearly ten years ago.
49 Park Lane was designed to complement and respect the rich history and streetscape of the world-famous Park Lane, while striving for excellence in sustainable performance, for which it consistently achieves a ‘Very Good’ BREEAM rating.
Pembroke’s London portfolio comprises 580,000 sq ft of the best and most prominent commercial addresses in the Capital, including 41 Lothbury and One Grafton Street. 49 Park Lane highlights our strong track record of developing some of London’s most sought-after office projects, including 10 Finsbury Square, 25 Cannon Street and 4 Cannon Street, which recently achieved practical completion.