Oxford’s 400,000 sq ft technology park on the northern outskirts of the city.
Size
400,000 sq ft
Client
Hill Street Holdings
Location
Oxford
The Oxford Technology Park has been designed to deliver high specification office, laboratory and flexible hi-tech buildings with associated amenity to cater specifically for Oxford’s burgeoning life science and deep-tech sectors.
Our Oxford-based business space agency team has been involved in advising on the leasing of the development of the 20-acre site from masterplanning through to delivery.
Our deep understanding of activity across Oxford’s knowledge economy has allowed us to support the elevation of the profile of Oxford Technology Park and facilitate discussions with prospective tenants looking to lease bespoke laboratory, office and hi-tech space.
In 2022, our Capital Markets team acted for the developer in the sale of the Park, securing Life Science REIT as a buyer for the Park at a purchase price of £120m. The team also secured £62m of forward funding from Life Science REIT for the next phases of the Park’s development.
The park will now see over 100,000 sq ft constructed in three separate schemes on the park, including the lab-enabled offices in Building One and the terrace of flexible technology units in IQ.
Oxford Technology Park is now firmly on Oxford’s map, the development will total 400,000 sq ft once development is complete.
Oxford Gene Technology has secured two prime units at Oxford Technology Park
Leading clinical research and diagnostic solutions provider, Oxford Gene Therapy, has let 10,765 sq. ft. across two units in the Innovation Quarter at the park.
OTP has the unique benefit of being at the commercial centre of innovative activity with London Oxford Airport, Begbroke and the high-tech/life-science hubs of Oxford all in close proximity.
