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Cranfield Technology Park attracts new occupiers

St Modwen Properties PLC, which is developing Cranfield Technology Park in partnership with Cranfield University, has signed up 13 new occupiers for its Derwent, Trent and Innovation Centre buildings.

Nine occupiers, including Nissan Technical Centre (Europe) Ltd, have taken in total 40,000 sq ft which has led to Derwent House and Trent House being fully occupied, and less than 5,000 sq ft remaining available in the Innovation Centre.

Nissan, which has its European design headquarters on the park and occupies more than 200,000 sq ft of accommodation, has now expanded into the remainder of the space in Derwent House it leased last year.

Communications business 2sms has taken the remaining space available in Trent House, and the largest of the new tenants in the Innovation Centre is BVMR, a leading multi-lingual market research services company, which employs 34 people.

Nick Kay of St Modwen, said: “It is a continuing vindication of the centre’s quality accommodation and the flexible lease terms. All the companies in the centre qualify as knowledge-based businesses and many have a synergy with Cranfield University .”

St Modwen will develop feature bespoke buildings from 8,000 sq ft to 200,000 sq ft on the 40.4 hectares high tech park and is preparing to submit a planning application for a further major phase of development.

Issued on behalf of Nick Kay (020 7499 5666) by Paul Raymer of Howle Chapman Raymer (0121-236-7771).