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Biotech company signs 10-year lease at Mortlock House

Biotech firm Nuclera has taken a 10-year lease on Mortlock House in Cambridge to establish its new global headquarters.

The firm was based at the nearby 7,830 sq ft 137 Cambridge Science Park but has outgrown its existing space. More than 100 of Nuclera’s staff will move into the 31,248 sq ft premises later this year.

The news comes shortly after the office-to-lab scheme was purchased for £15m by jv partners Lateral and Amazon Property.

Rob Beacroft, director at Lateral, said: “Our focus upon delivering service-led lab spaces for a diverse range of occupiers is putting us front of mind for innovative companies like Nuclera.”

JLL and SMB advised Lateral; Taylor Wessing acted for Nuclera.

To send feedback, e-mail evelina.grecenko@eg.co.uk or tweet @Gre_Eve or @EGPropertyNews

Image: Lateral

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