Latest pre-let at London’s newest tower
London, December 2018 – Morrison & Foerster, a leading global law firm, has signed up for space at London’s newest office tower, The Scalpel at 52 Lime Street, London, EC3M.
Morrison & Foerster will occupy 36,500 sq ft on levels 22 to 25, on a 15-year lease. Currently based at CityPoint on Ropemaker Street, the firm will relocate to The Scalpel in late 2019.
The building has proved to be very attractive to a broad range of business sectors, which is testament to the variety of floorplates, services resilience, breath taking views and exceptional quality throughout.
Paul Friedman, Europe Managing Partner at Morrison & Foerster, said: “We are delighted to be relocating to the Scalpel in late 2019. The move to the Scalpel will allow for better office space utilisation and will enhance collaboration, further improving our client service. The square footage we are leasing will enable significant additional strategic growth for our London office, which has seen a 25% increase in headcount in the past 12 months. We look forward to welcoming our clients to our new office in the heart of London’s financial centre.”
More than half (approximately 55%) of The Scalpel is let or under offer as the 387,000 sq ft building completes, demonstrating the strength of demand for the best quality office space in the City.
With its distinctive design, The Scalpel has become one of the most admired towers in the City. Standing at 190m tall, it comprises over 387,000 sq ft of office floor space over 35 floors.
Situated on the corner of Lime Street and Leadenhall Street, opposite the Lloyd's building and adjacent to the Willis Building, the area is home to some of the world’s most respected and successful businesses, from historic blue-chips to modern tech firms; from thriving small businesses to the giants of the global insurance market.
The development also includes a new 11,000 sq ft public square at the base of the building. Alongside the restoration of the historic Lime Street Square, the new public space will provide a vastly improved setting on Lime Street that will be further enhanced by a new ‘coffee house’, echoing those for which this part of London is famous.
Cushman & Wakefield and CBRE are leasing agents for The Scalpel. CBRE represented Morrison & Foerster.