Patron/APAM bag four at Reading Arlington Business Park

Patron Capital, the pan-European institutional investor focused on property-backed investments, and APAM have completed four lettings totalling 25,000 sq ft at Arlington Business Park, Reading, following the acquisition of the park last year from Goodman and Legal and General.
The lettings, to Koch Media (5,000 sq ft), Elemental Technologies (5,000 sq ft), Peregrine Semiconductors (5,000 sq ft) and Dimensions UK (10,000 sq ft), represent the first stage in Patron and APAM’s repositioning of the 360,000 sq ft business park.
Patron and APAM have also initiated the development of a new tenant amenity and leisure hub which includes a café, gym, sports studio, convenience retail shop and meeting facilities.
Simon Cooke, director at APAM, said: “We are delighted to have secured four new tenants at Arlington Business Park. Our strategy of multi-letting buildings on the park and creating a diversified occupier base where tenants can grow and expand is already proving successful.
“We are now in the process of creating a first-class café and amenities offer for our tenants which is scheduled to complete in Q1 2017. We are also investing heavily in the wider park environment, and our new tenant on-site Around the Lake events programme which has already proven hugely popular with our tenants. We are confident that with this investment we are strengthening what is already an exceptional work environment to ensure the park offers our clients fantastic amenities in a premier Thames Valley out-of-town office destination.”
Patron and APAM are advised by Savills, Strutt & Parker and Avison Young.
For more information on Arlington Business Park, please visit: aroundthelake.co.uk

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