Exemplar Properties and UBS Triton Property Fund completed the purchase of Milton Gate 1 Moor Lane in July 2005 at a price of £47.5 million. The building, designed by iconic architect Sir Denys Lasdun, comprised 165,000 sq ft of offices on ground and six upper floors with multiple entrances and outdated features.
As part of our £35 million refurbishment, Exemplar investigated how to prepare the building for modern occupiers, instigating programs to relocate plant to low value areas, replacing multiple entrances with an impressive seven storey reception and linking previously separated floors with walkways over a new atrium. As part of these works we added 35,000 sq ft of new lettable accommodation and of course brought the property to Grade A standards. The building was let soon after completion to lawyers Addleshaw Goddard, and was awarded “Deal of the Year” in the 2008 Property Week awards.