Marchmont Partners with Teads to Complete Acquisition, Fit-out and Disposal of Office Space

Marchmont have a growing market presence in the technology sector which is shown by their recent partnering with Teads.tv (Formerly E-Buzzing) on an acquisition of new space and disposal of their current office.

Marchmont, having extensive experience completing  fit outs for similar companies in the sector, was ideally skilled to undertake the project and was duly appointed. Following a comprehensive client brief, Marchmont conducted an in depth search of office space in order to present suitable stock that was in keeping with the client’s brief. Having presented Teads with multiple site options Marchmont negotiated the acquisition of leasehold interests in two floors in the recently redeveloped 70 New Oxford Street.

The two floor open plan office was completed to a high specification, which included the installation of a bespoke internal staircase, with a custom fire curtain, and a coffee trike in the reception area.  Whilst the fit out was being completed the Agency Team undertook to market and Assign Teads’ leasehold interest on their previous space on Great Portland Street. Through a network of contacts and active marketing strategies, the properties received a large amount of interest and over 25 viewings were  undertaken.

Various offers were presented and through extensive negotiation, Marchmont managed to secure a premium on behalf of Teads on both of their former office floors.

Justin, MD at Teads says “Thanks for everything Steven – been a real pleasure working with you.”