Not one, but two new buildings are pretty much finished in Cambridge. Yesterday, bathed in sunshine, both Mills and Reeve's landmark building and Microsoft's new European HQ were both looking particularly lovely.
Mills and Reeve's Cambridge HQ at the end of Station Road is the closest to completion but Microsoft's office just a hop, skip and a jump towards the station on Brookgate's CB1 site isn't far behind. We hear the IT giant will be handed its keys just days before Christmas, although that deadline will probably slip into the New Year. You can see the boxes through the window in the picture so work onthe fit-out is definitely cracking on.
At Mills and Reeve it is now official that a floor has been sublet to KPMG, a deal we've been tipping since the start of the year. What happens to the accountants existing headquarters on Hills Road, is less clear but it's rumoured that the building is under offer. A likely contender is Pace Investment's Johnny Vincent, owner of the site the new Mills and Reeve office sits on.
We haven't backed that up at present but it's not a huge leap of imagination and it would mirror the deal that Johnny did with Mills and Reeve to secure it's requirement.
Both buildings were prelets although there is probably going to be some speculative development very soon when Brookgate cracks on with the Mott MacDonald prelet it secured back in July at CB1. If they do, then they'll probably do well. The lure of having Microsoft on your doorstep, in a city centre location, next to the station, in a new Grade A office, in Cambridge will be too big an opportunity to miss out on for many smaller occupiers in the market.
| Tweet |
|
Recent Comments