Ropemaker Runs Out
Another chunk of prime office space in the City of London has left the market, with British Land announcing that Ropemaker Place in EC2 is now fully let.
Situated within a 10 minute walk of Moorgate and Liverpool Street Stations, Ropemaker Place was completed in May 2009 and created a total of 594,000 sq. ft. of grade A office space. Having now become fully let, Ropemaker Place sums-up the diminishing supply of prime office space currently spreading across Central London.
A unique feature of Ropemaker Place is its 50,000 sq. ft. of planted roof terraces, which jut out from the 8th, 12th, 16th and 20th floors of the building. In addition to providers the occupiers of these floors with views over the City and a great location for entertaining clients, the roof terraces are also designed to boost biodiversity at the site.
Already occupying 85,000 sq. ft. of office space within the EC2 building, financial services firm Markit pushed the occupancy level up to 100% after choosing to take-up its option on the final 22,000 sq. ft. of the development.