55 Gresham Street | London, UK
85,000 sq. ft. office building
Investment Opportunity at Acquisition
- Acquisition, after a failed marketing process, of B-quality, recently vacated office building in an A+ location in the City of London.
- Plan to: (1) reposition and renovate to Class A; (2) expand the building to 121,000 sq. ft.; and (3) renegotiate the existing ground lease to reduce the payment obligation and add term.
Strategy
- Lease-Up, Renovation
