news

Law Firm Set to Pay One of the Highest Reading Rents Ever in Deal at The Blade

Law firm Gateley is set to pay one of the highest rents ever seen in Reading, after signing up for 7,200 sq ft at The Blade.

Gateley will pay £34/sq ft to landlord Aviva Investors for space on the top floor of the building – the highest price seen in Reading for 15 years, according to the landlords.
The deal means the building, located in the town centre, is 77% let.

Gateley fought off “fierce competition” from another potential tenant to secure the space, Sim Khatkar comments; ‘this is the 4th letting achieved since taking on the instruction, now with a total of 38,000 sq ft let, it makes The Blade the most successful multi-let building in Reading with just 24,000 sq ft remaining.’

The deal allows the law firm to expand their presence within the Thames Valley.

Bray Fox Smith acted on behalf of Aviva Investors. Haslams advised Gateley.

Contact us

London Office
Bray Fox Smith
2nd Floor
Prince Frederick House
35-39 Maddox Street
London W1S 2PP

Milton Keynes Office
Bray Fox Smith
Studio B/G – Witan Studios
Witan Gate
Milton Keynes
MK9 1EF

T: +44 (0) 20 7629 5456
E: charlottehall@brayfoxsmith.com

Follow us

This website uses cookies to give you the best experience, agree by clicking the 'Accept' button. View our cookie policy.