CBRE IM Achieves Full Occupancy at 10 Gresham Street with MetLife Lease
CBRE Investment Management has finalized leasing at 10 Gresham Street in London, achieving full occupancy with a 10-year lease from MetLife Investment Management for 32,403 sq ft. This milestone reflects the successful implementation of CBRE IM's refurbishment and leasing strategy, affirming the demand for high-quality, sustainable office spaces in prime locations.
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CBRE Investment Management has secured full occupancy at 10 Gresham Street in the City of London, completing a 10-year lease with MetLife Investment Management for the entire third floor, totaling 32,403 sq ft. Originally designed by Foster + Partners, the building features a significant refurbishment aimed at modern workplace needs, including sustainability measures that preserved the original structure and reduced carbon emissions by approximately 17,000 tonnes.
The refurbishment targets BREEAM Outstanding, WELL Platinum, and an EPC B rating, indicating a commitment to environmental performance. This leasing success follows a prior agreement with Moody's for over 110,000 sq ft, underscoring the building's appeal for top-tier tenants. The concentration of such companies in the area could intensify competition for premium office space in London.
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