CBRE advises GG Capital on lease re-gear for major US law firm
Global real estate advisor CBRE has advised real estate private equity firm GG Capital on securing a 7 year lease re-gear with US law firm Sullivan & Cromwell LLP, over 67,000 sq ft at its 1 New Fetter Lane building in Central London.
GG Capital acquired 1 New Fetter Lane from UBS Asset Management on behalf of a client in 2017.
David Wilson, Director, CBRE Investor Leasing comments: “It was a pleasure to have advised GG Capital on the lease re-gear, which is testament to the continued attractiveness of London for large international companies, who continue to seek high quality, amenity rich space in the capital.”
Karl Abawatt at GG Capital, “We are thrilled that Sullivan Cromwell LLP have decided to commit for a further 7 years in 1 New Fetter Lane, this is an important asset management initiative for us and plays testament to the resilience of the central London market.”