Barton Willmore, the planning and design consultancy, has exchanged on the tenth and part ninth floors of The Blade, Reading from owner Aviva Investors, at a headline rent of £30.00 per sq ft. The space extends to 11,670 sq ft on a ten year lease with a fifth year break.
Barton Willmore join Bracket, Hays Recruitment, Cambio Healthcare and Megabuyte within the building, amounting to over 30,000 sq ft being signed to occupiers during 2013. Kaplan Financial and Urban Science already occupy three floors of the building, which is now over 50% let.
There is 52,560 sq ft available over six upper floors with the capability of accommodating
occupiers of 4,400 sq ft upwards. The quoting rent is now £32.00 per sq ft.
Julian Cobourne, Aviva Investors commented; “2013 was a positive year for lettings at The Blade, with an additional five new tenants choosing to re-locate into the building during the year. The 2013 Reading take-up, at 434,636 sq ft is a 58% increase on 2012 and
outperformed the ten year average for the town. With headline rents remaining robust and
occupier demand showing further encouraging signs of improvement, we are forecasting
another good year for 2014.”
Aviva Investors are represented by Knight Frank, Bray Fox Smith and Haslams.
