The Cartoon Network was the first to move, pulling out of 22,050 sf of offices at 18 Soho Square, which it has occupied for the past five years. The lease was surrendered to the landlord, Coal Pension Properties, who granted a new 15-year lease to MWB Business Exchange at a rent of £1.075 million ($1.58 million) per annum, equating to £47.50 ($70) per sf for the offices and £3,000 ($4,400) per annum for each of the 14 car parking spaces.
Now CNN is looking to dispose of the 37,000-sf CNN House, at 19/22 Rathbone Place, London W1. Turner's property advisor Kinney Green is marketing the property.
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