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LIM Signs ServiceNow for Staines-upon-Thames

strata

La Salle Investment Management has signed IT Operations management group ServiceNow for 60,000 sq. ft. offices as the first tenant at Strata its speculative development in Staines.

ServiceNow is set to move from the 18,000 sq. ft. offices it occupies at the nearby Future House in Egham, Surrey and is understood to be paying circa £34 per sq. ft.

It will take just under 60,000 sq. ft. across the ground and first floors. There is understood to be strong interest in the final floor remaining, the 29,000 sq. ft. second floor.

LIM and development manager Bell Hammer speculatively developed Strata offering 89,893 sq. ft. of offices and 29,000 sq. ft. floorplates in the centre of Staines close to the river and the railway station.

LIM is advised by Knight Frank and Montagu Evans; Colliers International advise ServiceNow.