Savills and Bray Fox Smith, on behalf of Aberdeen Standard Investments, has completed a major office letting to IMG Studios at 4 Longwalk Road on Stockley Park, near Heathrow.
Already occupying 114,000 sq ft (10,590 sq m) at neighbouring 5 Longwalk Road, the leading global talent management, events, media and fashion firm has agreed to a new nine-year lease on 25,128 sq ft (2,334 sq m) on the ground floor of the newly refurbished 101,224 sq ft (9,402 sq m) office building.
Jon Gardiner, Head of South East office agency at Savills, comments: “4 Longwalk is a stunning office building offering exceptional space for modern, dynamic companies, and this letting is testament to those qualities. The letting is also a reflection of the continuing appeal of Stockley Park as a leading place for businesses to grow and evolve amongst a host of world class companies.”
Richard Harding, Partner at Bray Fox Smith added: “Following a lengthy period of dialogue with IMG, we are delighted to have completed what is a significant letting for Stockley Park and the wider Thames Valley office market”
Stuart Paterson of Aberdeen Standard Investments, adds: “In 4 Longwalk we have invested significant capital expenditure to create a ‘best in class’ product, and to ensure that we attract major global occupiers to Stockley Park. We are delighted to have completed this important first letting within the building. With ongoing discussions with other parties for the remainder of the space, we are confident that we will achieve full occupation in the near future, which will benefit our underlying clients over the long-term.”
IMG Studios was advised by Cushman and Wakefield.
