JLL secures a trio of lettings in Uxbridge on behalf of Aviva Investors
Riverside Way reaches full occupancy
JLL and Colliers have secured three lettings on behalf of Aviva Investors at the Riverside Way industrial scheme in Uxbridge. The lettings equate to over 40,000 sq ft of space, meaning the scheme is now fully let.
Centroid 3D, who provide motion capture for games, video and TV, has let a 10,485 sq ft facility, and Vink, one of the largest plastics distribution businesses for semi-finished plastic sheets, rods, tubes & foils, has taken a 21,600 sq ft unit. The final letting of an 8,000 sq ft facility is to a public sector organisation.
Sarah Downes, lead director in the industrial team at JLL, said: “Uxbridge’s Riverside Way is now fully let which is testament to to the importance of location for businesses, with this development providing unrivalled access to the motorway networks and underground links in Uxbridge town centre. The transactions demonstrate that strategic real estate acquisitions are still key for occupiers despite the current constraints businesses are facing.”
Alastair Wakefield, Associate Director, Real Estate at Aviva Investors, said: “We are pleased that Riverside Way is now fully let, and the diversity of tenant we have been able to bring into the development. Demand in the industrial and logistics sector continues to be strong, and particularly across West London where access to major transport networks such as the M25 and Heathrow airport are significant advantages, yet supply of suitable facilities is limited. As a result, Riverside Way has attracted strong levels of occupier demand and we expect this to have a positive impact in our portfolio.”
JLL & Colliers International acted on behalf of Aviva Investors, Centroid 3D, Vink and the public sector organisation were unrepresented.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 94,000 as of March 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.