LONDON—Tishman Speyer has acquired a 328,000-square-foot (30,468-square-meter) London office property that serves as the headquarters for Sainsbury's, a leading UK supermarket company.

Completed in 2001, 33 Holborn was designed by Foster & Partners specifically as an international standard headquarters property.The property, which is located where London's Midtown and City submarkets meet, is fully leased to Sainsbury's through 2026.

It features large floorplates, a gym and auditorium for tenant use, retail space, a restaurant and underground parking. It sits within 200 meters of Farrington Station, which will become one of London's key transport hubs when Crossrail service is initiated there in 2018.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.