Moor Place 1 Fore Street
Background
Acquired from Telereal in December 2011.
Development Initiatives
Redevelopment of a former telephone exchange to deliver a new prime office building.
Working in partnership with CarVal and MGPA (now Blackrock), we assisted with the competitive negotiations to secure the asset.
What We Did
- Originated the opportunity.
- Securing planning amendments to improve the floorplates, increase net internal area and add external terraces.
- Overseeing a complex foundation design above the ongoing construction of the Elizabeth Line.
- Delivering a Grade A, best in class development, on time and within budget.
- Achieving BREEAM Excellent and LEED Platinum accreditation.
- Identifying the purchaser off market and leading the negotiations resulting in the sale of the completed building.
- Significantly outperforming underwriting
- 235,000
- sq ft
- London, EC2
- Location
- BlackRock, CarVal Investors
- Capital Partners
- Past
- Status
Meet the team who worked on the Moor Place London project
Tristram is a founding partner of Quadrant and specialises in the office sector. He has been working in the Central London and regional office markets since 1987 when he started his real estate career at Chesterton, working on leasing, investment and development in the City of London. Since founding Quadrant with Christopher Daniel in 1997, he works with a variety of investors, including UK REITs, institutions, landowners, private equity and various overseas investors, he has been involved in over 3.5 million sq ft of sales, leasing and development transactions across London and the Southeast. Over the past ten years, Tristram has led the development of over 1 million sq ft in Central London and is currently overseeing a pipeline of a further 1 million sq ft.