Winnersh Triangle welcomes medical manufacturer Hollister in lockdown deal
Hollister Incorporated sells Wokingham offices in favour of move to Winnersh Triangle in Reading.
The global healthcare company which is headquartered in Chicago, has sold its UK premises at 42 Broad Street 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 property consultancy Vail Williams LLP on behalf of Frasers Property, owners of Winnersh Triangle.
With increased capacity from their existing premises, the move will support the company’s continued growth in developing, manufacturing, and marketing healthcare products and services worldwide.
“We are delighted to be joining the vibrant business community at Winnersh Triangle. 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.”
Tom Horkan, HR Manager for North Europe
Spanning 1.5 million sq ft of mixed-use buildings, Winnersh Triangle provides a wide range of spaces including major headquarter buildings, Grade A offices and start-up office suites which have attracted over 60 occupiers including Virgin Media and ScanSource.
“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.”
Charlie Nicholson, Partner, Vail Williams
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