ARLINGTON EXPANDS OXFORD BUSINESS PARK OWNERSHIP WITH SPIRES HOUSE ACQUISITION

November 24, 2020

Arlington has continued to consolidate its ownership at Oxford Business Park by acquiring Spires House, a 49,421 sq ft multi-let office building from Harbert European Real Estate.

Also known as Building 5700, the property is 76% let to Jazz Pharmaceuticals and Veeva Systems UK and benefits from 231 car parking spaces. The 11,767 sq ft refurbished ground floor offices are currently available to rent.

Paul McSweeney, Asset Management Director at Arlington comments, “We are delighted to continue our consolidation strategy at our core parks with this acquisition, particularly given our growing focus on the life sciences and innovation sector.  With our local knowledge, experience, and our approach to customer service, we believe we will be well placed to add value to Spires House on the back of the significant investment we have made in creating best in class amenities exclusively for our customers at Oxford Business Park.”

Oxford Business Park is the city’s premier innovation location and the only commercial centre of scale within the ring road.

Cushman & Wakefield advised Arlington. ACRE Capital Real Estate advised Harbert.

 

Latest News

SOVEREIGN CENTROS AND PEVERIL SECURITIES SIGN DEVELOPMENT AGREEMENT WITH BROXBOURNE BOROUGH COUNCIL AND HERTFORDSHIRE COUNTY COUNCIL FOR £400M DEVELOPMENT

January 13, 2021 - 13:40

Sovereign Centros and Peveril Securities have signed a Development Agreement with Broxbourne Borough Council and Hertfordshire County Council (“the councils”) which will pave the way for the £400[...]

+ Read More

THE BOUTIQUE WORKPLACE COMPANY SIGNS PARTNERSHIP AGREEMENT WITH PRIVATE LANDLORD AND EXPANDS ITS NETWORK OUTSIDE LONDON

November 24, 2020 - 10:35

The Boutique Workplace Company is to open two new flexible workspace offerings in Kingston-upon-Thames and Wantage in south Oxfordshire after signing a partnership agreement with a private landlord. T[...]

+ Read More

PLANS FOR LEISURE WORLD REGENERATION SUBMITTED TO SOUTHAMPTON CITY COUNCIL

November 24, 2020 - 10:31

Sovereign Centros, the development manager for the proposed regeneration of Leisure World in Southampton, has submitted an outline planning application for one of the city’s most significant regener[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR