Deal – 24th December 2019
Qinetiq secures letting of office and laboratory at Cody Technology Park, Farnborough
QinetiQ, advised by Curchod & Co and Lambert Smith Hampton, has let 2,678 sq ft (249 sq m) of office and laboratory space in Building A2 at Cody Technology Park in Farnborough, Hampshire to Ultra Electronics.
The specialist electrical and electronics engineering firm has taken the accommodation on a new five-year lease at an annual rent of £40,170 (£15 per sq ft).
Nick Reeve, of Curchod & Co in Farnham, said: “Cody Technology Park was an obvious choice as a location for Ultra Electronics’ expansion. As a global operator, with a focus on defence and other regulated markets, security, communications and accessibility were key to the decision-making process.”
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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