Tishman Speyer has completed the off-market acquisition of 50 Pall Mall, a prime, class A office property in the heart of St James’s, one of London’s most prestigious office destinations.
Located between Mayfair, Green Park, St James’s Park, Piccadilly, and Soho, 50 Pall Mall benefits from exceptional connectivity via the Jubilee, Piccadilly, Victoria, Bakerloo, Northern, Circle and District underground lines. Originally constructed in 1913, 50 Pall Mall was redeveloped in 1997 while retaining its carved Portland stone facade. It was later refurbished to a grade A standard in 2006. Currently 87 percent let, 50 Pall Mall comprises 33,888 square feet of office space across nine floors, with efficient, regular, rectangular floorplates averaging approximately 4,000 square feet.
Tishman Speyer plans to undertake a full refurbishment to modernize the building, including upgrading its environmental, social and governance (ESG) credentials and enhancing amenities from lo