PATRIZIA UK, manager of the award-winning Winnersh Triangle, announces that it has secured the letting of 44,000 sq ft of Grade A office space to global medical technology company Becton Dickinson (BD) at the business park near Reading. Becton Dickinson is due to enter three floors of the newly constructed speculative development at 1030 Eskdale Road in Spring 2017.
Prominently located at the Western end of the park, 1030 Eskdale Road reached practical completion in February of this year and is a major four-floor development, comprising a total of 61,780 square feet.
BD’s move to Winnersh Triangle sees the consolidation of the firm’s existing UK sites in Oxford and Basingstoke. Strutt and Parker and Vail Williams represented PATRIZIA to secure the ten-year lease, and JLL acted for BD. The deal leaves just third floor availability at 1030 Eskdale Road, comprising 16,000 sq ft of prime office space.
Mike Fairbourn, UK General Manager for BD, said: “The move to the new site at Winnersh Triangle will free up more time to focus on our customers as it will prevent duplication and the inefficiencies of running two, separate sites and bring together all our functions. This is a key enabler for our growth strategy for the future. The new offices will be home for commercial operations for all BD businesses in the UK, as well as support functions, technical services and a new Innovation Centre to host customers.”
“Becton Dickinson is the latest international name to join us at Winnersh Triangle and we look forward to welcoming them to the park,” said Will Lawrie, PATRIZIA commercial director. “Our development provides this prestigious company with first-rate office accommodation in a location which has excellent transport connections and capacity for continued growth and expansion.
“The creation of this new office scheme, with its landscaped communal space for the enjoyment of all our occupiers, reflects PATRIZIA’s investment in the park as one of the premier spaces for businesses in the region.”
Winnersh Triangle, named Business Park of the Year at the Thames Valley Property Awards 2016, provides office, industrial, data centre, R&D and amenity space over a total of 1.46 million square feet.
Easily accessible by road just off junction 10 of the M4, Winnersh Triangle also benefits from its own train station within walking distance. In addition to the café, on-site amenities include a four-star hotel with restaurant, café, conference facilities and a range of leisure facilities, plus a retail store, and nursery.
Winnersh Triangle was acquired in July 2013 with funds managed by Oaktree Capital Management LP and real estate investor PATRIZIA UK Ltd.
Picture caption: 1030 Eskdale Road at Winnersh Triangle
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