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DevSec to Up Its Blackfriars Holdings by 50-PC

LONDON-Development Securities has secured an option to buy 10 St Bride Street in Blackfriars, near the City of London, at any time in the next five years. It could build 50,000-sf there to add to its nearby 100,000-sf Black Friars Court scheme

By Charlie Jacoby | Updated on July 08, 2003

LONDON-Wates Group has sold the option for 10 St Bride Street in Blackfriars, near the City of London, to Development Securities, for an undisclosed sum. It is just a few yards from DevSec’s 106,000-sf development at Black Friars Court.

The St Bride Street building is vacant, and has planning consent for a new development including 53,000-sf of office space and 2,900-sf of restaurant space.

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