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Development Securities Nets Globeside Letting

LONDON-Icon has leased a 30,000 sf office building at Development Securities' Globeside business park in Marlow, Buckinghamshire. The deal follows the recent letting of a switch centre to BT Cellnet.

By Graham Parker | Updated on July 19, 2001

LONDON-Development Securities has leased a 33,000 sf building at its Globeside Business Park in Marlow, Buckinghamshire, to Icon. Two Globeside, which was recently completed, has been let to Icon on a 16 year lease at a rent of £30 ($42.30) per sf. The letting comes shortly after BT Cellnet took a lease of the 24,000 sf Four Globeside for a new switch-centre.

The Icon building forms part of the park’s first phase, providing 94,000 sf in three office buildings plus the hi-tech BT building. The 11 acre Globeside Business Park is a joint venture between Development Securities and Equitable Life.

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