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News Release

London

Jones Lang LaSalle Secures Stratus Technology at Bedfont Lakes Development on behalf of SWIP


London, 1st June 2009- Jones Lang LaSalle’s South East National Office Agency team has secured Stratus Technology Ltd as a tenant on the ground floor of Building 5, Bedfont Lakes, Heathrow.  The landlord is Scottish Widows Investment Partnership (SWIP).
 
Commenting on the deal, Tom Leeming, senior surveyor said: “On behalf of the landlord, Scottish Widows, we realised our quoting rent of £26.50 per sq ft for the 4,441 sq ft space.  This is a very positive achievement given the current economic climate and resulting lower levels of demand. 

However, the superior product offer at Bedfont, excellent parking and on site café as well as other good quality tenants on the Park including IBM, Birdseye and World Duty Free helped attract Stratus.”