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Helical and Ashby score another tenant for JJ Mack Building

Author: AshbyCapital |

Helical and AshbyCapital have secured another tenant for the JJ Mack Building in central London.

Three Crowns, an international arbitration law firm, has inked a 15-year lease on the 15,484 sq ft space. The firm plans to relocate from its existing offices at New Fetter Place in early 2025.

The recently developed building provides a total of 200,611 sq ft of office space across 11 floors, alongside 5,439 sq ft of ground floor retail. It is rated EPC A and is aiming for a BREEAM Outstanding rating and a NABERS 5* assessment for energy in use.

Tenant amenities include 426 cycle spaces and high-quality showers and changing rooms. This letting comes shortly after J Sainsbury agreed to take the first, second, and third floors of the building, comprising 68,002 sq ft.

With the sixth and seventh floors, totalling 37,880 sq ft, let to Partners Group and the 13,408 sq ft ninth floor let to Corio Generation, part of the Macquarie Group, The JJ Mack Building is now 67% occupied.

The building takes its name from the grocery store formerly located on the corner of the site, owned by JJ Mack, a market trader whose career started with just a street barrow. It sits opposite the Victorian Smithfield Markets Building, which is undergoing extensive refurbishment and restoration to become the new Museum of London.

Gerald Kaye, chief executive of Helical said: “The addition of Three Crowns to our tenant roster takes The JJ Mack Building to over 67% let, with strong interest in the remaining space. Coming so soon after we let three floors to J. Sainsbury, today’s announcement further highlights the continued strong demand for high quality office space, and the widening gap in the market between best in class properties and the rest.”

Hot on the heels of our significant letting to J Sainsbury, we are excited to welcome Three Crowns to The JJ Mack Building. This lease demonstrates the building’s sustained appeal and is testament to its high-quality design, strong sustainability credentials, extensive amenities and excellent location.

We are confident that Three Crowns will benefit from the step change in quality and lifestyle that their new workplace offers, and we look forward to welcoming further tenants in the coming months.

Peter Ferrari, Chief Executive of AshbyCapital

Helical and Ashby Capital were advised by CBRE and Knight Frank and lawyers Clifford Chance. Three Crowns by Cushman and Wakefield and Bristows.