Eagle Street Partners has acquired Hertz House, a prominent office building in Uxbridge, West London. The purchase price was not disclosed.
The high-profile, modern offices, totalling almost 70,000 sq. ft. over four floors, are the current UK headquarters of the building’s tenants, the automotive rental company Hertz Europe.
The office boasts excellent transport connectivity to central London and beyond with Uxbridge Underground station, served by the Metropolitan and Piccadilly lines, just a five-minute walk away. Additionally, the M40 and M25 motorways, and Denham and West Ruislip railway stations, are easily accessible.
Located in Uxbridge, Hertz House is at the centre of the major West London office market with a total office stock of approximately 2.9 million sq. ft.
The area has consistently attracted global corporate occupiers including Xerox, Coca Cola, Amgen Pharmaceuticals, Nexen Pertoleum, Mondelez, PWC, HerbaLife, Pizza Express, Parexel, and Manpower.
Over the course of the past eight months Eagle Street has committed around £150 million in invested capital towards offices, hospitality, and residential development real estate projects in the UK and Ireland, including the acquisition of five yielding commercial offices in the UK and Ireland. These office acquisitions have combined total over 350,000 sq. ft and include tenants such as GlaxoSmithKline PLC, Accenture, and now Hertz Europe.