Oxford North Ventures has secured international law firm Mishcon de Reya’s Thames Valley team as the first tenant at the Oxford North innovation district.
The firm has agreed a five-year lease for 3,500 sq ft of office space on the first floor of 33,000 sq ft The Red Hall.
Oxford North Ventures is a joint venture between Thomas White Oxford, the development company of St John’s College, Ontario Teachers’ Pension Plan and Stanhope.
Kevin Darvishi, head of leasing at Stanhope, said: “Securing a blue-chip occupier at Oxford North is a strong endorsement of our vision to create the UK’s leading purpose built regional innovation campus, which caters to the whole science and technology lifecycle ecosystem. We look forward to welcoming the Mishcon de Reya team, which is firmly embedded in the region’s life science scene, and the collaborative opportunities this will foster.
“Sitting at the intersection of academia, commerce and experience, and benefitting from unrivalled multimodal connectivity, we are seeing strong interest from a range of local, national and international occupiers for the remaining phase one space.”
Nicola McConville, partner at Mishcon de Reya, added: “We’re delighted to be the first tenant at Oxford North’s innovative new district. The Red Hall offers the ideal environment for us to collaborate, grow and support our clients in navigating the opportunities and challenges of the evolving innovation landscape. This move reflects our commitment to the UK’s innovation economy, and together with our offices in London and Cambridge, we are well positioned within the Golden Triangle of innovation excellence. We look forward to contributing to the vibrant community at Oxford North as it grows over the coming months.”
Savills acted on behalf of Oxford North Ventures.
