Abrdn has secured a 47,000 sq ft pre-let to Synergix Logistics Solutions at its Suttons Business Park in Reading.
Haslams Surveyors advised Abrdn in the deal in which Synergix took a 15-year lease at 46, 988 sq ft Unit 34 at the 21-hectare, edge-of-town park. The logistics firm will move from West London to Suttons where other occupiers include Brake Bros, Volution, and SAS International.
Mark Briggs of Abrdn said: “Synergix adds to the pedigree of other tenants at Suttons, and highlights the importance of the business park, its quality of space and superb communications links.”
Neil Seager, managing partner the park’s agent Haslams, said: “This move is indicative of a growing trend that we anticipate will continue due to high rents and displacement driven by data centre demand. Reading presents a more attractive rental market compared to west London.”
He added: “Pre-letting is still quite rare and necessitates a collaborative effort between landlord and tenant. It was a pleasure to work with both parties to achieve this success.”
Jonathan Ford of Synergix said: “Since being formed in 2020, it has been our mission to deliver outstanding services to our customers in a cost-effective manner. Suttons Business Park provides us excellent distribution links and cements our ability to offer the very best in pallet network, haulage, storage and fulfilment, whilst also improving our environmental goals.”
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