UKSPA News

L&G secures 35,000 sq ft letting at Cambridge Science Park during lockdown

LGIM Real Assets has secured a 35,000 sq ft letting to biotechnology company Amgen at Cambridge Science Park. 

Amgen, which is relocating from another base at the science park, agreed to take three floors on a 10-year lease.

“This letting, agreed during the current lockdown on the March quarter-day, demonstrates the continued interest we are seeing in commercial space within technology and life science centres, despite ongoing uncertainty in the wider market,” said Andrew Mercer, office sector lead at LGIM Real Assets.

Bidwell advised L&G while Cushman & Wakefield advised Amgen.

George Craig, a surveyor in Bidwell’s business space agency team, said: “It’s the biggest Cambridge deal of Q12020 and completed during a week of unprecedented global uncertainty so it’s a real demonstration of the quality of Legal & General’s development and continued confidence in Cambridge Science Park and its enduring science and technology sector.”

Member Related To This Article

Business rates must evolve with the changing shape of the UK’s economy

Learn More

The EpiCentre Innovation Director publishes AI search guide to help life science and biotech businesses gain global visibility

Learn More

The Crown Estate invests £1.5m into Greater Cambridge Impact and submits £2bn Cambridge Business Park redevelopment plans

Learn More

UK’s next generation of food innovators showcased at Colworth Science Park

Learn More

The Oxford Science Park announces refurbishment of Northbrook House

Learn More

Subscribe to Our Newsletter to Keep Up to Date With the Latest UKSPA News

UKSPA
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.