Flint Bishop

Birmingham-based Shepherd Developments and Adobe complete largest Maidenhead town centre office letting for a decade

Market House in Maidenhead is a four storey headquarter office building totalling 75,390 sq ft. The office was speculative, developed by Shepherd Developments in association with Durngate, and was completed in late summer 2010.

Shepherd Developments, advised by Strutt & Parker, has let 48,788 sq ft to Adobe Systems who are relocating from Stockley Park on a 12 year lease at £29.50 psf.

This is the largest letting in the town for over two years and in the town centre for over a decade.

The building is now 65% let with 25,318 sq ft remaining available on the ground and part 1st floors. Sole agents Strutt & Parker are quoting a rent of £32.50 per sq ft.

Adobe Systems were represented by DTZ.

Shepherd Developments is the commercial property development arm of the Shepherd Group, one of the UK's leading family owned private companies. 

 

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Article published by Midlands Business News on 3 March, 2011

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