NAPP16
Projects

NAPP Property Disposal

Client
NAPP Pharmaceuticals
Size
37,000 sq ft
Location
Cambridge, UK

Providing expert leasing and occupier services, we orchestrated a world-leading technology company to take over a significant amount of office space at Cambridge Science Park.

NAPP Pharmaceuticals approached us in early 2021 to discuss opportunities for its portfolio, with its priority to reduce costs.  We were appointed to dispose of a significant amount of office space that was surplus to the client’s needs.

Utilising our proactive agency approach, we successfully identified and negotiated a contract with a new tenant within just three months. As a result of our unique insight and relationships in the Cambridge technology sector, we crafted a compelling narrative that highlighted the many positive elements of this space to attract a world-leading organisation.

One of the largest transactions in Cambridge in 2021, this deal reduced the client's cost liability by approximately £6m.

NAPP18a

The new tenant committed to revitalising the existing building and investing in its facilities. This transaction also brings one of the world's largest corporations into the park, further cementing its importance as a world-leading technology hub.

NAPP4a
NAPP19a
NAPP13a

Get in touch with our team

602520

Max Bryan

Partner, Head of Laboratory & Office Agency

Max works with pioneering innovators and tech entrepreneurs, leading our unparalleled offices and labs agency team.

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02

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