Park House fully let as London Executive Offices moves into top two floors
London Executive Offices (LEO), the serviced office provider, has agreed a deal to take a 15-year lease for 31,949 sq ft of space at Park House, W1.
The building is now fully let and LEO will occupy the top two floors (seven and eight) of the building, creating a new space to meet customer demand for office accommodation in Mayfair.
LEO provides luxury serviced offices in Zone One. Each property is hand-picked for its aesthetic qualities and furnished to a high standard.
Park House is the newest addition to LEO’s portfolio of 38 locations, which includes both contemporary and traditional buildings.
Park House is a mixed-use building that occupies a one-acre site on Oxford Street. The nine-storey building comprises contemporary office space, nine double-height retail units and 39 luxury privately rented apartments.
REM, on behalf of the owners of Park House, announced the deal with LEO.
Michael Baker, CEO of REM, said: “London Executive Offices is an excellent addition to the Park House community and, given the exceptional buildings within their portfolio, is a ringing endorsement of the high-quality space in Park House.
“A serviced office provider offers our occupiers and residents an additional amenity with well-equipped meeting rooms and flexible desk space available for rent. Following completion of the letting to LEO, Park House is now fully let.”
Beth Hampson, commercial director of London Executive Offices, commented: “We have experienced high demand from customers for high quality office space in Mayfair.
“Park House provides a striking modern interior that is unique for the area, which offers our customers something different. We anticipate that there will be a lot of interest in our new offering at Park House.”
REM was advised by CBRE, JLL and GVA; London Executive Offices represented themselves.
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