GN2, the boutique London property agency business has been advising clients in the buzzing media/tech sector in the City fringes:
PR agency, CCGroup has acquired the top two floors of the completely refurbished building, 207-216 Kings Cross Road, WC1 totalling 3,500 sq ft plus a terrace.GN2 is simultaneouslymarketing CCGroup’s existing smaller premises in North Gower Street of 1,676 sqft.
GN2 also advised Noah Media, the film and digital media specialistson the completion of32 Clerkenwell Green, EC1 taking the entire self-contained building consisting of 2,799 sq. ft on a five year term.
These deals follow hot on the heels of GN2 advising Dunlop Goodrich (Creative) on its acquisition of 1,391 sq ft for new offices atUnit 3E2, Third Floor , Zetland House, 5-25 Scrutton Street, Shoreditch, EC2.Landlords were trustees of the David Zetland Settlement Trust. The space was acquired on a 5 year lease with mutual break at year three.
Julie Rees, partner at GN2 said, ” These deals show that the demand from the media/tech sector has not slowed down and we are seeing more start-ups moving north and east of the City as they expand and take on new space.There is increasing demand for the Kings Cross/ Farringdon/ Shoreditch area which is competing with Soho to become the established hub for this sector. ”
GN2 has also advised on a sale in this thriving area- advising Magnolia Re Ltd on the sale of self contained ground floor premises 29-30 Wakley Street EC1to Carly BBLtd, advised by Colliers.
