New Homes Flooring has become the first tenant at Total Park at Theale.
The firm has taken 19,618 sq ft Unit 1 at the two-unit scheme in Station Road on a 10-year lease.
Haslams Chartered Surveyors and Ml Agency acted for landlord Total Developments. Haslams’ Ed Ponting said: “This letting demonstrates the continued strength and growth of the Reading industrial sector which has shown resilience over the past year.
“We are confident that this trend will continue as long as more good quality stock can be fed into the market, particularly through development and repurposing.
“Total Park has delivered a textbook industrial scheme, which is appealing to a variety of occupiers, with strong fundamental attributes, connectivity, and excellent environmental credentials.”
Total Developments’ chief executive Edward Chantler said: “We are delighted to complete on the recent letting to New Homes Flooring so soon after construction completed.
“When acquiring the site we knew of the shortage of new stock in the Thames Valley and the popularity of Theale amongst occupiers.
“The industrial sector goes from strength to strength with many of our tenants well placed to endure the volatile economic climate with last mile delivery and e-commence being key drivers for new growth.”
New Homes Flooring was unrepresented.
Unit 2 which totals 25,590 sq ft is available to let.
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