USS, advised by JLL Asset Management, has completed three lettings totalling 9,583 sq ft at the recently refurbished No.33 Blagrave Street office building in Reading town centre.
Ciphr has taken the entire 4,530 sq ft third floor, grid-scale battery energy storage solution provider Atlantic Green has signed for 2,954 sq ft on the first floor and PR company Little Red Rooster has taken the remaining 2,099 sq ft on the first floor.
The lettings saw a new headline rent of £33/sq ft achieved on five-year leases for each occupier at the 21,404 sq ft, five-storey building.
There is now only a suite of 4,350 sq ft available to let in the building, which will be speculatively fitted out by the landlord.
Harry Bevins, partner in Haslams Surveyors’ agency department, said: “These lettings demonstrate continued demand for high quality offices in the sub 5,000 sq ft Reading market as occupiers continue to acquire desirable work environments to boost staff numbers returning to the office. This goes in tandem with not only attracting new staff but retaining the existing workforce by taking space in Reading’s thriving town centre that’s well connected with its wealth of transport links and local amenities.”
Haslams Surveyors and Campbell Gordon acted for USS on the lettings. Ciphr was advised by LSH Reading. Little Red Rooster PR and Atlantic Green were unrepresented.
