Patron Capital, the pan-European property investor, and its asset management partner, APAM, have completed 58,000 sq ft of lettings at Arlington Business Park outside Reading.
The pair have agreed the prelet of Building 1240 to NTT Security, the specialised security company of NTT Group, on a 15-year lease.
The scheme is 360,000 sq ft altogether and includes 11 buildings.
The latest deal follows four new leases totalling 27,000 sq ft earlier in the year.
Chris Taylor, director at APAM, said: “To have secured a global business of the size and calibre of NTT is a strong endorsement of not only the quality of the refurbishment of 1240, but also the significant investment that we have made in the park over the past three years. To this end, we have agreed terms on further lettings that we expect to announce in the near term and that will result in a total of over 100,000 sq ft of lettings in 2018.”
To send feedback, e-mail anna.ward@egi.co.uk or tweet @annaroxelana or @estatesgazette
