TOG (The Office Group), the British pioneer of shared workspaces, has acquired 70,000 sq ft of office space at 84 Eccleston Square in Victoria, just a few minutes’ walk from Victoria Station.
Located in a prominent corner position on the north side of Eccleston Square, the seven-storey building has been taken on a 20-year lease from Mosaic Properties and TOG will carry out a comprehensive refurbishment and will open the building by the end of the year.
This deal takes TOG’s portfolio to 34 buildings, 32 of which are in London, with a total of over 1.2m sq ft. It follows the acquisition of 60,000 sq ft at Lyric Square in Hammersmith and marks the TOG’s move into new areas of London, including Vauxhall, where the firm is developing a 90,000 sq ft flagship workspace at Tintagel House by the River Thames.
The flexible workspace provider also recently acquired the 4th floor, a further 10,250 sq ft, of 91 Wimpole Street to become the sole occupier of the 57,000 sq ft building. Designed with a modern take on 60’s style, 91 Wimpole Street offers lounges, co-working space, private offices, meeting rooms, event space and two roof top gardens.
Charlie Green, Co-CEO of TOG, said: “We’ve been trying to get into Victoria for a while but have struggled to find the right building until we managed to get 84 Eccleston Square. It’s got everything we need. It’s a great size, very close the station and tons of natural light.”