RO Real Estate, the UK commercial property investment and development company, has confirmed two lettings totalling 23,700 sq ft at its prime office building, Hemel One in Hemel Hempstead, Hertfordshire.
NHS Herts Valleys Clinical Commissioning Group has taken 10,400 sq ft on the second floor, on a five-year lease at a rent of £18.64 per sq ft. RO is also undertaking the tenant’s fit-out work.
Kodak Alaris has signed up for a further 10 years on 13,300 sq ft on the second floor of the building, located on Boundary Way. It has signed a reversionary lease from July 2015 at £16 per sq ft. Kodak has been in Hemel One since July 2005.
Hemel One comprises 96,000 sq ft of office space over four floors.
Knight Frank and Brasier Freeth acted for RO; Aitchison Raffety acted for NHS Herts Valleys Clinical Commissioning Group; and ART Surveyors advised for Kodak Alaris Ltd.
Annabel.Dixon@estatesgazette.com
