International property firm Pembroke has announced it has agreed a pre-lease with global law firm Addleshaw Goddard at 41 Lothbury in the heart of the City of London.
Addleshaw Goddard will occupy 114,000 square feet of office space on a 15-year lease and will work alongside developer Pembroke, its construction partner Wates Construction and architectural firm Stiff + Trevillion to convert the listed former bank building into a turnkey solution that will allow the law firm to operate easily relocate.
When the law firm moves in in 2024, 41 Lothbury will combine “best-in-class” smart building technology with “carefully thought-out” collaboration amenities. This brings the building’s cashier’s hall into the 21st century through the creation of flexible breakout spaces, enhanced by a light installation by Jason Bruges.
Other amenities include new end-of-trip facilities, as well as a repurposed roof with outdoor terraces offering ‘spectacular’ views of the City of London to promote staff well-being.
41 Lothbury will also be converted to an all-electric building, with energy provided by air-driven heat pumps, allowing the building to receive NABERS accreditation and contribute to Pembroke’s goal of being carbon-free by 2035. 41 Lothbury is also hoping to earn a BREEAM Excellent Rating and Platinum Wired Score.
Matthew Knight, Vice President, Head of UK and Head of European Development at Pembroke said: “We are proud that Addleshaw has chosen Goddard 41 Lothbury as their new London headquarters.
“We are particularly pleased that they have trusted us and Wates Construction to deliver a quality workplace that meets their needs, with facilities and services that encourage employee productivity and engagement.
“This project builds on the success of 25 Cannon Street and shows how we are helping to optimize collaboration and innovation to shape the future of work across the City of London.”
Addleshaw Goddard Managing Partner John Joyce added: “This is a really exciting move for us. Our new headquarters and customer experience there will capture the imagination of our employees and provide an inspiring space with amazing credentials for current and future generations of AG.”
Cushman and Wakefield and JLL advised on the leasing on behalf of Pembroke.
By Matthew Neville – Correspondent, Bdaily
Would you like to promote your product/service to SME companies in your region?
Find out how Bdaily can help →