News Archive

ST. MODWEN DEFIES CURRENT TREND WITH 20 LETTINGS IN 10 MONTHS

20th deal in 2009 takes Cranfield Technology Park to c.75% let

St. Modwen, the UK’s leading regeneration specialist, has completed the 19th and 20th lettings at Cranfield Technology Park, Milton Keynes. Unipath Ltd and QMatic have each taken 6,000 sq ft in Derwent House; an office building providing 20,000 sq ft and designed for multi-let occupancy. Together these deals take the Technology Park to 75 % let.

The two deals mark 20 lettings at Cranfield Technology Park in the past 10 months and highlight the continued interest from companies looking to benefit from the Park’s close relationship with and business support from Cranfield University. Businesses at the Park are able to make use of the business support and technical facilities provided by its partnership with Cranfield University.

Robin Vaughan, Development Manager at St. Modwen commented:

“We are delighted to welcome QMatic and Unipath to Cranfield Technology Park which are our 19th and 20th lettings. Our unique setting and relationship with Cranfield University ensures occupier interest from a wide variety of sectors ranging from engineering to software and innovation to pharmaceutical. This is great news and gives a positive boost to the Park given the challenging current climate.”

Cranfield Technology Park is an 80 acre site situated adjacent to Cranfield University on which St. Modwen has already developed over 116,000 sq ft of business accommodation which is occupied by over 40 businesses. The Technology Park is a member of the UK Science Park Association and as such, St. Modwen’s bespoke buildings are designed to facilitate the development and management of innovative, high growth, knowledge-based organisations. The tenants at the Park benefit from a high quality environment with generous car parking and landscaping providing an ideal setting for new and established businesses alike.