2023 archived news

2023 was a pivotal year for Sinclair Clark as during the first half of the year negotiations were in hand for the acquisition of Chase and Partners.

On 1st October Chase Sinclair Clark was formed combining both former companies within the existing structure of Chase and Partners.

Chase and Partners had been nurtured by Professor Graham Chase with a significant focus on retail property, arbitration, dispute resolution and valuation.

The inclusion of Sinclair Clark created in 2010 by Vanessa Clark, added a range of commercial agency skills in letting, acquisitions, development and consultancy.

Both practices brought with them a large pool of core clients and the new structure benefitted from tried and tested formulas and a significant level of experience.

Terms were agreed on behalf of RLAM for a letting of all 30,000 sq ft off offices on the 3rd and part ground floors to exisiting tenants Mott MacDonald.

Terms have been agreed for RELX to acquire Ground and mezzanine offices of 19,500 sq ft from Sheen Lane.

Planning permission has been granted to the Freshwater Group for a re-development of 96 George Street and St Matthews House for a new HQ building to comporse 154,000 sq ft of Grade A specified offices.

CSC was instructed to advise on the forthcoming lease expires due in 2025 and TO HANDLE THE EXIT NEGOTIATIONS. AS PART OF THE PROCESS 45,000 SQ FT OF LARGE FLOORPLATE OFFICES WERE BROUGHT TO THE MARKET.

CSC advised the Landlords Frasers on a new letting and two lease renewals to tenants IMCD creating a significant anchor tenant of the upper floors of offices which sit above the shopping centre.

The transactions included:

Lease Renewal: 5th Floor. 6,851 sq ft @£18.00psf. 10 years and tenant only break at 5th

Lease Renewal: 8th Floor. 6,851 sq ft @£18.00 psf. 10 years and tenant only break at 5th

New Lease: 3rd Floor. 2,784 sq ft @£5 psf. 10 years and tenant only break at 5th – this suite required total refurbishment by the tenant.