Law firm CMS Cameron Mckenna have agreed terms to pre-let one third of Hammersons office scheme Principal Place in the City of London.
The Law firm has agreed Heads of Terms to take 200,000 sq ft of the 590,000 sq ft scheme in what will be one of the most significant pre-lets in the City in 2011.
The letting will allow Hammerson to begin construction of the Fosters designed scheme at the north end of Broadgate, with completion due in late 2014.
Allsop and CBRE jointly advise Hammerson on the scheme and the letting of the offices.
Notes to editor
Allsop is an independent property consultancy with a market-leading reputation for high quality service, integrity and innovation. We are also well known as the UK’s largest and most successful auction house. Our success is built on over 100 years’ experience in commercial and residential property consultancy and sales.
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