Asset Management

1 Alie Street, E1

service
Mixed-Use Building
Size
100,000 sq ft
portfolio
/
1 Alie Street, E1

Unlocking Value for Enhanced Occupancy

Advised on behalf of a private investor on the acquisition of the long-leasehold interest from the City of London of 1 Alie Street, E1, a 100,000 sqft mixed-use building. Following a period of active asset management by Noble Harris addressing inefficiencies of existing tenant occupations, regearing over 70 individual leases to obtain vacant possession of larger floor plates to maximise the potential of the building to attract larger occupiers.

Scope of Asset Management undertaken by Noble Harris: Introduced the opportunity and advised on feasibility. Project manage the design and redevelopment of the ground floor entrance, reception, end of journey facilities and vacant floor plates. Re-organise existing leases, gaining vacant possession of larger floor plates and management of new CAT A refurbishments. Office agency marketing campaigns of vacant floors following completion of rolling refurbishments resulting in successful lettings of vacant areas.

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Matthew Noble
Partner
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Matthew heads up our Agency Division which specialises in advising Landlords and Occupiers in all aspects of commercial property negotiation. Specialising in central London offices Matthew has built up a wide range of long standing, Landlord and Occupier clients over 4 decades of operating in this exciting and ever changing market. Notable transactions conducted and overseen by Matthew include the acquisitions of over 180,000 sq ft for The Net-a-Porter Group in Westfield and White City, 40,000 sq ft HQ for Moonpig.com PhotoBox Group and the disposal of 90,000 sq ft at 1, Alie Street, Aldgate.

Tony Harris
Partner
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Tony leads our Professional, Investment & Asset Management division, leveraging over 40 years of experience in rent reviews and lease renewals for both landlords and tenants across London and the Home Counties. He has established a prestigious client base and has been highly active in acquiring and selling significant office investments in central London for various investors. Notable transactions include purchasing 1 Portsoken Street and 1 Alie Street in London for Alfred Equities and Newworth Holdings, respectively, and selling a property at 35/36 Great Marlborough Street to Shaftsbury PLC.

Jake Doffman
Associate Director
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Jake joined Noble Harris in 2014, assisting both Matthew and Tony in office agency and asset management. Since joining Noble Harris, Jake has acted on behalf of a number of well established companies which include Cult Beauty, MintTwist, Reprieve, Peak and many more. Other recent disposals include over 70,000 sq ft at 1 Alie Street and 18 Mansell Street. In his spare time Jake enjoys running, playing golf and watching Spurs.

Carl Dobrin
Associate Director
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Carl has been a member of the Noble Harris team since 2017, specialising in commercial property lettings and investments across London, acting on behalf of both a range of Landlord and Occupier clients. Providing bespoke advice in all commercial property matters from leasehold acquisition, leasehold marketing, disposal & lease renewals to rent reviews, investment acquisitions, sales & asset management. Carl enjoys being the lynchpin that ensures each and every project progresses with momentum aligning the various moving parts along the way, with the goal of achieving client aspirations with great care.