The whole of 200 Berkshire Place in Reading has finally been let to computer company Sage Tetra more than 18 months after completion. IT giants, Cisco Systems and Fujitsu both pulled out of talks to lease the 6,300 sq m (67,900 sq ft) building in the past year.
Sources believe that the rent could be as high as £312.16/£322.92 per sq m (£29/£30 per sq ft). Pillar developed the scheme but sold it on to RREEF earlier this year.
Fryer Gilbert & Jepps and Strutt & Parker were letting agents. Chesterton acted for Sage.
EGi News 24/11/00
