Winnersh Triangle welcomes medical manufacturer in lockdown deal

Winnersh Triangle Reading

A week after post production company Pip Studios made it their home, Global healthcare company Hollister, which is headquartered in Chicago, has sold its UK premises in Wokingham, Berkshire, and will relocate its workforce to Winnersh Triangle business park in Reading later this year.

Hollister UK has taken 10,700 sq ft of space on the first-floor wing at Building 1010 on a 10-year lease, in a deal brokered by commercial property consultancy Vail Williams team on behalf of Frasers Property, owners of Winnersh Triangle.

Tom Horkan, HR Manager for North Europe, said: “The building has been refurbished to an excellent standard and we look forward to taking advantage of the various amenities on offer there, from the cafés and shops, to the onsite hotel and green space that surrounds it. We are also very excited about future plans to continue to develop the business park even further.”

Charlie Nicholson, the partner at Vail Williams who secured the deal for Frasers Property, added: “It is great to see that, despite lockdown, there are still some fantastic deals to be done. Solicitors are still transacting, and leases are still being signed as Winnersh Triangle continues attract high-quality occupiers, drawn both by both its connectivity and second-to-none facilities.

“As more and more businesses seek a move out of London, business parks such this will become the go-to location, offering not just a more cost-effective solution to London, but also a better quality of life too.”

Curve Workplaces wear appointed to undertake fitout of the space at Building 1010 on Hollister’s behalf and worked remotely with the company on design, development and landlord approval processes.

Fitout is expected to be completed in late July and Hollister hopes to be in situ by early August.