St James's Market two-thirds let after securing two office occupiers

The Crown Estate and Oxford Properties’ £400m landmark scheme, St James’s Market, is now two-thirds (68%) let, following agreements with two new office occupiers.

The two international firms, energy company SOCAR Trading and an unnamed occupier, are to locate their UK headquarters at 2 St James’s Market, taking the 6th and 7th floors of the new office development respectively.

St James’s Market, located between Haymarket and Regent Street St James’s, comprises 210,000 sq ft of office space alongside six flagship retail stores and seven new restaurants, all set within over half an acre of revitalised public space.

In total, over 175,000 sq ft at the development has been let so far, including over 130,000 sq ft of office space. That incorporates the new UK headquarters of Formula 1, The Carlyle Group and The Crown Estate.

All seven restaurants are let including Nordic restaurant Aquavit; Danish bakery Ole and Steen; Japanese Anzu, Salt Yard Group’s Veneta, West African restaurant Ikoyi and the new Duck and Waffle Local.

Five of the six retail stores are let to brands Aspinal of London, Jigsaw, Paul and Shark, ASSOS and Smeg.

Oliver Smith, senior asset manager for the partnership, said: “We’re delighted to welcome another two international firms of such caliber to St James’s Market. Following the arrival of Formula 1 last month, these lettings further demonstrate the continued strong demand for quality modern office space and world-class architecture, set amidst the fantastic shops, culture and restaurants that St James’s has to offer.” 

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