Helical lands Power Road first

By Paul Norman - Monday, October 09, 2017 14:51

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Helical has announced the first letting at the refurbished and re-branded Power Road Studios in Chiswick, west London.

Intelligent Media, a global media monitoring service for the entertainment industries, has taken 2,425 sq ft at a rent of approximately £43 per sq ft which sets a new benchmark for the location in Chiswick, West London. A further 5,900 sq ft is under offer.

Helical has comprehensively refurbished Studio 1, creating a campus entrance on to Power Road and warehouse style office space, offered on flexible lease lengths. The official launch of the space will take place on 18 October, with units ranging from 1,000 sq ft to 5,500 sq ft available.

Frost Meadowcroft and Hanover Green advised Helical and Whitman & Co advised Intelligent Media.

Shaun Wolfe of Frost Meadowcroft said: “This is an excellent start to the marketing, to complete a deal a week before our official launch. The level of rent achieved sets a very good precedent for the location and one which we can build on in the last quarter."

pnorman@costar.co.uk

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