Deal – 6th April 2022
Letting at Threadneedle’s Millennium Centre signals recovery for Farnham office market
Threadneedle, advised by Curchod & Co and Owen Isherwood, has let a 3,945 sq ft office property at The Millennium Centre in Farnham, Surrey to Gaffney, Cline & Associates.
The petroleum engineering business has taken building M3 at The Millennium Centre, close to the town centre, on a new ten-year lease at an annual rent of £23.50 psf.
Alex Blown of Curchod & Co said: “After a period of uncertainty in the office market, we are now seeing a recovery in the market, with office rents returning to pre-pandemic levels and increasing demand for high-quality space like that found at The Millennium Centre.
“Refurbished to a Grade A specification, this air-conditioned space provided the tenant with a prestigious headquarters in a highly accessible location, close to the A31,” he added.
Gaffney, Cline & Associates was represented by CBRE.
Surrey & Hampshire property specialists
Any time we start something new it is exciting and we are very motivated and committed. As time goes by, however, the burst of enthusiasm can wane as the reality of how much work is going to be involved kicks in. When you find yourself slacking a little and not being as enthused about the new change or goal you are working towards, that isn’t a sign to quit. It is a sign that it is time to re-commit.
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