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"Take up has remained below trend in each of the past four years but an uptick in demand promises a better year in 2021"

Zack Berman
Head of Office and Mixed-Use Agency

Our View

Take up in the North London & Herts office market has remained below trend levels since 2016 and activity in 2020 continued this course with 184,870 sq ft of space acquired.  The largest transaction during the year completed in the final quarter, with Freeline Therapeutics taking 32,980 sq ft at Kings Court, Stevenage.    

The current year has started on a positive note, with take up of 87,170 sq ft in the first three months of the year. A number of larger transaction completed, with one of the more significant deals being the 15,000 sq ft letting to flexible working space operator Co Space at 29 Town Square, Stevenage.

Office market take-up
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Key Contact

Zack Berman

Zack Berman

Head of Office and Mixed-Use Agency
020 3141 3546
[email protected]