Boultbee Brooks lands Salmon for office development
Boultbee Brooks Real Estate, advised jointly by Savills and JLL, has pre-let Clarendon Works at 36 Clarendon Road – the first speculatively developed office scheme in Watford town centre for 15 years.
Salmon Ltd, a global digital e-commerce consultancy which forms part of the WPP marketing communications group, has agreed a new 15-year lease for the entire 30,000 sq ft building due for completion in Q1 2018.
Located in the heart of Watford’s commercial town centre, the property will comprise six storeys of contemporary exposed service office accommodation on a prominent corner position.
Andrew Willcock of Savills, said: “The fact that Clarendon Works has been let so soon after start of construction is both testament to the quality of the development proposed and the ongoing popularity of Watford as a corporate office location.
“We hope that this continued confidence will act as a catalyst for further commercial development in the town centre which boasts outstanding credentials in terms of connectivity to central London and a range of retail and leisure amenities.”
Neil Stewart, chief executive office of Salmon, added: “Salmon is a global company but our roots are in Watford where we have been based for 25 years.
“Our business is rapidly expanding and we wanted a new headquarters in Watford which will give both the right impression to our clients and team but also be close to Watford Junction station.”
James Andrew International advised Salmon.