Lambert Smith Hampton (LSH) has been appointed to market the two former Microsoft buildings at Thames Valley Park which were sold to BauMont Real Estate Capital in March.
The new owner and V7 Asset Management have appointed the agent to let and manage the project which totals 155,585 sq ft.
The buildings are to undergo a major refurbishment which will focus on wellness and sustainability.
Tom Fletcher, head of LSH’s Reading office, said: “We’re seeing a solid level of activity in the Reading office market and we truly believe that, once complete, this workspace will transform the perception of business parks leading to it becoming a magnet for occupiers migrating from London who are seeking to diversify their operational footprint.”
Chris Hunt, co-founder and director at V7 Asset Management, said: “We have had a really positive experience of working with LSH on several other properties and were particularly impressed by their enthusiasm for results in lettings and their drive for community and environmental sustainability across the properties that they manage, so they were the natural agent of choice for this instruction.”
Practical completion of the refurbishment of 69,370 sq ft Building Four is due in 2021 while 86,215 sq ft Building Five is due for practical completion in 2022.
New amenities include concierge reception and event management, outdoor terraces, indoor and outdoor gyms, tree-house meeting rooms and independently run cafés.
© Thames Tap No 230 (powered by ukpropertyforums.com).
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