M&G Real Estate and Bell Hammer developed this 186,000 sq.ft of prime office building in Central Reading speculatively.They wanted to let it as soon as possible, and on the right commercial basis.
Campbell Gordon were appointed as joint letting agents to find a tenant. The team had been in discussions with SSE about their potential office requirement for a long period of time and introduced No.1 Forbury Place to them. This was significantly earlier than their requirement became known in the wider market.
SSE leased the building in its entirety. Possession was taken at the point of Practical Completion of its construction, meeting precisely the client's timetable aspirations. The transaction was the largest single office letting in the Thames Valley for over a decade, and awarded 'Deal of the Year' by CoStar for the West London and Thames Valley region.
We have worked with Campbell Gordon for over 35 years. We appointed them on this project because of their uniquely strong position in the Reading prime office market and their strong track record. This decision was entirely validated by the success of the campaign. They did a first class job in securing this tenant and we are pleased to have retained their services again as we move on to the next stage of the development with the construction of No.2 Forbury Place.
Aaron Pope Director - Asset Management & Leasing, M&G
Apex & Hayley House were secondary office buildings on London Road in Bracknell. The intention was to redevelop them or refurbish them , but in the interim it was essential to maximise revenue returns.
Campbell Gordon were appointed as letting agents alongside joint agents. A number of marketing initiatives were put in place and tenants were secured.
The very best lettings possible were secured within the framework of the building’s specification and market conditions.
When we bought these buildings we knew they represented an interesting redevelopment play. In the meantime we wanted to maximise our return. We bought in Campbell Gordon because we knew they would be great advisers on both aspects. They have a great applicant flow, and are proactive ,persistent and conscientious – which makes them ideal agents. They are also creative lateral thinkers which makes them great development advisers.
Malcolm McPhail Managing Director