Slough Estates has let a flagship office development on the Slough Trading Estate in the south-east UK, to Research in Motion, the company behind the BlackBerry mobile communication device. In a transaction that represents one of the largest Thames Valley lettings this year and previously one of the largest remaining unlet sites in the Slough Estates portfolio, RIM has agreed terms to occupy the 69,000 sq ft building as its new European headquarters, on the basis of a 15 year lease.
RIM has also taken options on further business space to accommodate future expansion including 60,000 sq ft of offices and a 50,000 sq ft data centre.
John Heawood, Group Executive Director of UK Property at Slough Estates said: “Research in Motion is a leader in the field of mobile communications, and joins a growing number of high technology, research and development oriented companies choosing Slough Trading Estate as a location. Apart from providing top quality business space, we are able to accommodate the growth such businesses expect to see. Our substantial investment in our award-winning Business Watch programme also makes for a very secure environment in which to operate.”
Slough Trading Estate benefits from its prime location at the centre of the Thames Valley, with both Heathrow and the M4 in close proximity. With these advantages, the area has already drawn a number of other high profile leading edge technology occupiers, including O2, Vodafone, LG Electronics and Elcom.