A MAGNIFICENT seven lettings have been completed at a technology park in the heart of the Oxford Cambridge Arc.
The deals at Cranfield University Technology Park mean that two office buildings are now full and the Innovation Centre is 95% occupied.
The park is home to more than 60 science, technology and knowledge-based businesses, ranging from start-up companies through to internationally recognised brands.
Josh Parello, agency associate at commercial property consultancy Kirkby Diamond which handled the lettings, said: “Cranfield University Technology Park is a fantastic business location and it is seeing very strong demand for office space.”
The seven recent lettings include Curio Group, a specialist UV and ozone plant, equipment and service delivery company which has signed a ten-year lease on 1,511 sq ft unit three at the Innovation Centre.
At Derwent House, Signify Research – which operates in healthcare and technology – has agreed a five-year lease on a 4,026 sq ft unit after growing its business at the Innovation Centre. Five other units, totalling over 12,500 sq ft, have been let to companies operating in a range of sectors.
Josh said: “The majority of tenants work with the university and there is a huge amount of synergy between the two.
“It is a very specialised site and the landlords have invested heavily over the past three years to significantly improve the facilities.”
These include a modern reception area, on-site café, EV charging points, showers, conference facilities and meeting rooms.
Both Trent House and Derwent House are fully occupied while Cranfield Innovation Centre is only 5% off capacity
“There is very little office space available at this highly popular technology park,” Josh said. “All these deals bring welcome investment and new jobs to the region.”
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