Medical device developer PolarSeal has taken 5,300 sq ft lease at Frasers Property’s Farnborough Business Park.
The PolarSeal team (pictured) is moving to 250 Fowler Avenue on the 46.5-hectare park, where it will establish its first Corporate Innovation Hub.
The new space will bring together business development, client relations, R&D, project management, IT, finance and executive leadership teams.
The new base will feature an innovation lab for client engagement and collaboration.
Denver Rich, executive director for PolarSeal, said: “PolarSeal’s move to Farnborough Business Park marks the next chapter in our exciting growth journey as we enhance our offering as a catalyst for the future of MedTech.
“The business park provides the ideal environment for innovation and collaboration, and our teams are excited to be based here, using the new Corporate Innovation Hub to develop new ideas, drive progress and ultimately enhance the quality of global healthcare.”
Christina Cosgrove, senior asset manager for Frasers Property UK, said: “We are delighted to welcome PolarSeal to Farnborough Business Park as they establish their first Corporate Innovation Hub.
“At Frasers Property, we are committed to being a trusted, long-term partner for our occupiers, creating best-in-class assets where organisations can grow and thrive. We look forward to supporting PolarSeal as they expand their pioneering work in the medical device and life sciences sector and become part of the Farnborough business community.”
Hollis Hockley UK and CBRE UK act for Frasers Property UK.
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