SJ Berwin in Reed Smith City move

SJ Berwin’s real estate division advised British Land on its pre-letting agreement with Reed Smith Richards Butler for space in the 35-storey Broadgate Tower development.

Reed Smith has agreed to occupy 39 per cent of the building when it is complete, signing a 15-and-a-half-year lease.

It will pay initial rent of £62.50 per sq ft for the top floors and an average of £58 per sq ft for the remaining space.

The SJ Berwin team was made up of partners Lewis Myers, Helen Willett and Jeff Smith.

Reed Smith was advised by its own real estate partners Richard Nicholl and Jon Pike.