Recent key projects that Jamie Green and Mike Ayton have been involved in include:
Monitise International Ltd, London
Client: Monitise International Ltd
Following a 12 month search and acquisition process, Juniper has relocated Monitise International Ltd to a new 43,000 sq ft headquarters in the City of London.
Monitise, the fast growing global leader in Mobile Money solutions turned to Juniper when it needed to expand out of serviced offices into a more permanent home. The brief to acquire a building for 350 staff was soon expanded to accommodate up to 500, with a search area from Farringdon to Aldgate.
Based in Throgmorton St, Monitise's preference was to remain in the heart of the City and after a selection process which considered upwards of 30 properties, negotiations were finally concluded on the top four floors at Standard Life's 95 Gresham St, EC2. The building is effectively a new build behind the retained Portland stone facade and a stunning new central atrium has transformed the internal layout.
"We worked closely with the project managers and space designers to ensure the offices worked for Monitise” comments Mike Ayton, “and also put the hours in with their lawyers, Decherts, to make sure the lease terms met their needs."
101 Cambridge Science Park
Client: Exemplar Properties and LaSalle Investment Management.
Situated at the gateway to the UK's premier science park, 101 is Cambridge's highest profile and top quality science/business park building. Juniper was brought in to act as joint agents with the incumbent agent, Bidwells, shortly after completion of this 80,000 sq ft new development. With lettings already in place to Philips and Citrix, the new team geared their marketing to targeting occupiers for individual floors and suites, resulting in new 10 year leases to Broadcom, further expansion for Citrix and the arrival of the first accountants on to the Science Park, Grant Thornton. In total some 34,500 sq ft. The letting programme was completed when Spiral Software leased the final top floor suite and occupiers can now take advantage of the Guided Bus network which has recently opened, connecting the Science Park to the city centre, Addenbrookes and the outlying villages along the A14.
310 Cambridge Science Park
Client: Sanofi Aventis
Jamie’s previous involvement as head of the marketing and letting team at the Science Park for Trinity College, during his time at Bidwells, combined with Mike’s previous connections with Sanofi Aventis, meant that Juniper was well placed to pitch for the disposal of Building 310. Following Sanofi’s acquisition of Genzyme, the 58,000 sq ft office and laboratory building was declared surplus to requirements. We presented jointly with the Life Sciences team at CBRE, which enabled us to demonstrate to the client a winning combination of expert local knowledge and global expertise in the pharmaceutical and bio tech sector.
A 9 month marketing campaign generated a range of interest from both laboratory and office users, but parallel discussions with the College, through Bidwells, resulted in us being able to agree terms for a surrender of our client’s lease. We were therefore able to provide Sanofi with a full release of its leasehold liability and no ongoing residual responsibility through subletting or an AGA. Trinity in turn were then able to negotiate a new lease to AstraZeneca, giving the company a short term facility to accommodate scientists ahead of the construction of its new Headquarters at the BioMedical Campus.
Cambridge Research Park
Client: Threadneedle Property Investments
A 112 acre Park with development potential for up to 600,000 sq ft. Both Mike & Jamie have provided development consultancy and sales and letting advice, initially to Segro and currently on behalf of Threadneedle for Zurich Assurance. Recent lettings have been achieved to Spicers and Limitless Mobile in Building 1000 and to HME Clear Com in Building 2000, totalling just shy of 40,000 sq ft.
Mike was also instrumental in negotiating the surrender of the Virgin Media lease on Building 9000, acting for Fraser CRE. The 65,000 sq ft building had been empty for some years and the surrender process was a clear example of Juniper’s ability to work with both tenant and landlord: to effectively broker a solution which saves the tenant ongoing occupational costs and a potential dilapidations issue, while giving the landlord early possession to embark on a major refurbishment project at a time when supply of grade A office space in Cambridge is at its lowest for many years.
Capital Park, Cambridge
Client: XLB Property
A 40 acre, 260,000 sq ft office campus, where Mike, during his time at CBRE, advised the original developers, Capital & Counties, on design, massing and specification for a range of new office buildings. Juniper was subsequently appointed by XLB Property and JP Morgan to market surplus accommodation, jointly with Bidwells and provide development, design and prelet marketing for the final 40,000 sq ft site.
The Park is now fully let and Mike negotiated a lease regear with ARM and expansion into further space in CPC1, totalling over 16,000 sq ft. Jamie has then introduced Kids Unlimited to a new prelet for a day nursery, increasing the amenity offer on the Park – and enhancing the overall income stream.
Arlington Business Park, Stevenage
Client: Howard Property Ventures
Juniper is currently providing development and preletting advice to Howard on a strategic “gateway” site at the southern end of Stevenage, opposite the gsk Research Campus. Mike has assisted Howard with market input to support a planning change of use from pure offices to outline planning consent for a mixed use development comprising hotel, restaurant and offices. Juniper has subsequently targeted and identified hotel and restaurant operators.
Other recent projects
Mount Pleasant House, Cambridge
40,000 sq ft office investment acquired for Howard Osborne LLP
Da Vinci Building, Melbourn Science Park
41,000 sq ft office headquarters let to AstraZeneca
Compass House, Cambridge
35,000 sq ft office building sold to Anglia Ruskin University
Centre for Computing History
Pro bono work to help relocate the Centre for Computing History from Haverhill to Cambridge
Lease renewal on 7,800 sq ft at the Westbrook Centre, Cambridge
Cherry Hinton Road, Cambridge
Freehold investment of 3,000 sq ft bank and office unit acquired for private investor