Reading’s Blade Looks Sharp Following Office DealsFebruary 5th, 2013 | by PaulM
The UK office space market is home to a vast array of architectural styles, and boasts wonderfully diverse properties of virtually every size, shape and scope imaginable. The Blade – a contemporary office space in Reading – is one such example. And thanks to a recent spate of office space deals, this city landmark is well on its way to enjoying a successful 2013.
Two companies have taken a total of 11,095 sq ft of The Blade, taking up office space on the sixth and seventh floors. Much of the BREEAM-certified property remains vacant, with 77,700 sq ft of space still available. But following a positive start to the year, Julian Cobourne of Aviva Investors believes that this is the start of things to come.
“We are sensing a far more positive attitude creeping into the Reading property market early in 2013,” he said, according to Property Week. “The Blade remains one of the most high profile buildings in the Thames Valley with the capability to accommodate a wide range of requirements… We’re confident of continued success during the year.”
At 420 ft, The Blade is the tallest property in Reading, and as such provides fantastic views across the city for office space tenants occupying the upper floors. It’s also visible from many other locations in and around Reading which adds to its prominence – generating a certain prestige for businesses located there.
This high-profile nature of the building even attracted PepsiCo – and reports suggest that agents of The Blade were attempting to thrash out a deal with the global corporation to occupy all 15 floors of the skyscraper. The deal fell through, and the first company to take space at The Blade was an educational and financial advice firm, Kaplan Financial, which operates numerous offices in London and across the UK.
Kaplan relocated to The Blade from its former base at Thames Tower, another Reading landmark which is currently undergoing a large scale renovation project. The former 11-storey office block had stood empty since 2010. As part of a wider city centre improvement plan, this spurred the decision to replace the original structure and replace it with a new 25-storey office tower, which developers hope will add a new dimension to the Reading skyline and “soar in a way that its squat predecessor has never achieved”.
The new Thames Tower will also aim to achieve an eco-friendly BREEAM rating of ‘Excellent’ through the use of efficient systems for heating, cooling, ventilation and water supply; conserving energy whilst simultaneously reducing waste and carbon emissions. Plans for terraces mean that the building could also provide habitats for wildlife.
With plans to revolutionise the city’s skyline and with early successes at The Blade, it appears as though Reading’s office space market is on the knife-edge of success in 2013. Find out more about flexible office space in Reading online at www.needofficespace.com.