INDUSTRY NEWS

CMS Cameron McKenna set to move into Cannon Place London office

CMS Cameron McKenna is set to move into a new City of London office space, ending a search that has spanned  a number of years.

The major law firm has finally put pen to paper on a 25 year lease on part of the Cannon Place office development.

CMS will actually be the first firm to move into the 400,000 sq ft of London office space since construction on the building was completed towards the tail end of 2011.

The firm will be relocating from its main office Mitre House, based on 160 Aldersgate Street, London, to the new premises in the near future. It is set to occupy the bottom three floors of the office block, a total of 140,000 sq ft of London office space.

Only 18 months ago CMS was forced to pull out a prelet deal at Principle Place in Shoreditch, due to ‘economic uncertainties’.

Cannon Place was developed by Hines and Network Railway, the scheme leading to major re-development of the two buildings originally on site as well as renovation of Cannon Street station itself.

Hines director, Mark Swetman, said:  “The building has always attracted considerable interest, and we are naturally pleased to have secured our first letting, particularly with an occupier of the calibre of CMS Cameron McKenna.

“We are incredibly proud of Cannon Place, it is a fabulous building and we look forward to welcoming CMS in 2015.

“We are currently in discussions with a number of other potential occupiers who are expressing interest in other floors of the building, and we look forward to confirming further new tenants later this year.”

CMS Cameron McKenna is an international law firm headquartered in London, it has more than 130 partners and a number of offices across the globe.

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