15 Fitzroy Street is an 83,822 sq ft office refurbishment completed in January 2025 and designed by leading architects Squire & Partners. The transformed building includes a 1,265 sq ft communal terrace on the seventh floor and a 2,185 sq ft private terrace on the fifth. At the heart of the building is the 2,760 sq ft atrium business lounge, which will be managed by Industrious and offer high quality food and craft coffee together with an extensive events programme for all tenants. The landlord will offer a communal boardroom and event space for all occupiers in the building.
This growth reinforces Industrious’ commitment to the UK market and is a significant step in its broader London growth strategy following its recent acquisition by CBRE. Industrious is continuing to expand its global network which includes 250+ flexible workspaces in more than 65 cities, providing members with productive and engaging workplaces for individuals and companies of all sizes and stages.
DWS’s real estate investment business acquired the building in 2021. DWS has €69 billion in real estate assets under management as of 31 March 2025.
Tom Redmayne, SVP, Head of Europe & Global Sales at Industrious, said: “Demand for premium flexible workspaces in London remains strong, driven by both local and international businesses. As our first building in the West End, this is a direct response to this growing need and underscores our confidence in the market. We are delighted that DWS has partnered with us on 15 Fitzroy Street. Each of our locations is built to support businesses of all sizes, with flexible terms, thoughtful design and a service-led approach that puts our members’ experience first.”
The building has achieved the highest levels of sustainability credentials with EPC ‘A’, BREEAM ‘Outstanding’ and WELL Core Platinum ratings. It operates on 100% electric power.
Tom McLaughlin, Asset Manager at DWS, said: “We’re excited to partner with Industrious to bring flexible workspace to 15 Fitzroy Street. This sustainable building, situated in one of London’s most vibrant neighbourhoods, features smart design that fosters collaboration and learning. Industrious’ expertise in delivering amenity and a best in-class workspace experience, aligns perfectly with our vision for the building.”
The remaining space totals 50,570 sq ft with floorplates ranging from 10,347 sq ft to 13,442 sq ft and Savills and Cushman & Wakefield are the leasing agents. CBRE represented Industrious.