A Closer Look: Office Space in Exchange Tower
A landmark 482,950 sq ft glass office building in the Docklands, Exchange Tower is an iconic structure just minutes from Canary Wharf; an impressive environment that is ideal for SMEs in the banking or insurance sectors.
Although this style of building is usually associated with large corporate organisations and conventional lease arrangements, the Tower provides several floors of flexible space which gives small or medium businesses the opportunity to establish themselves close to London’s second financial district.
Exchange Tower itself is a stunning building where natural light and open spaces feature significantly. A rolling programme of refurbishments that has taken place since ownership of the building changed hands last year has modernised the office space and communal areas, with its large open reception area and impressive glass atrium giving the ‘wow factor’ on entry.
An excellent variety of flexible space is available within the tower, ranging in size from 2600 to 4200 sq ft, featuring all the expected benefits of serviced space such as meeting rooms, reception services, car parking, lounge areas and more.
The Harbour Exchange estate, which features Exchange Tower, was built in 1989 on a nine-acre site in the Docklands between South Quay and Crossharbour underground stations. The tower was bought for ┬ú134.6 million in 2010 from Hammerson plc, and according to new owners MGPA, it is a “good quality” property with a range of office solutions.
Head of UK Acquisitions, Hamish MacDonald says that one of its key advantages is that it offers “best value for money to tenants seeking proximity to the Canary Wharf Estate”, also most of the floors have superb panoramic views across the Docklands and East London.
Its proximity to Canary Wharf places it within the realms of London’s banking district, second only to the traditional financial capital, The City. An estimated 90,000 people work in Canary Wharf and the region is home to the headquarters of many major banking corporations and services firms such as Barclays, Citigroup, HSBC, KPMG and Thomson Reuters.
The 770 ft pyramid-roofed One Canada Square, one of the most recognisable properties in Canary Wharf, held the title of UK’s tallest building until 2010 when it was surpassed by the colossal Shard London Bridge – a 804 ft structure in Southwark that is set to be completed in 2012.
Find out more about office space in Exchange Tower online at officebroker.com.
Related articles: The ‘Closer Look’ Series…
- A Closer Look: Office Space in The Gherkin
- A Closer Look: Office Space in Baskerville House
- A Closer Look: Cams Hill, Fareham
- A Closer Look: Tower 42
- A Closer Look: Royal Mint Court
- A Closer Look: Hays Lane – London Bridge
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