Acting on behalf of Toys “R” Us, we have acquired 36,500 sq ft on Maidenhead Office Park to form the retailer’s new UK headquarters.
Toys "R" Us is Britain's and the World’s leading family leisure, baby care and toy megastore. An agreement to lease has been exchanged on Building 2, Maidenhead Office Park, owned by AXA Investment Managers.
The acquisition will see Toys “R” Us consolidate two offices on Vanwall Business Park in Maidenhead into a single grade A headquarters.
Largest Maidenhead office deal of 2012
The deal marks the largest office transaction of the year to date in Maidenhead.
Cliff Jackson, Director in our Maidenhead Office Agency team, commented: “This is significant news for both the Maidenhead and wider Thames Valley office markets, and signals full occupation of AXA’s two buildings on this business park.”
He added: “It is also further illustration of a modern occupier’s aspirations; buildings 1 and 2 on the park have been comprehensively refurbished by the landlord to deliver the grade A space sought by corporate occupiers, with all mechanical and electrical installations overhauled and upgraded."
Modern offices sought by occupiers
"Furthermore, a shuttle bus service operates on the estate, the car parking ratio is exceptional and the building occupies a prominent position on the 30 acre park. These were all important considerations for Toys “R” Us, and collectively deliver modern office space to consolidate two buildings into a single HQ.”
Joint agents Strutt & Parker represented AXA in the deal.