Lee Baron is delighted to have represented BMO Real Estate Partners on a 28,000 sq ft letting to multinational publishing and education company, Pearson, at the 35 acre Kao Park in Essex’s Harlow Enterprise Zone.
The development sits in the heart of the London-Stansted-Cambridge corridor and is the only campus within 30 miles of London to combine 215,000 sq ft of Grade A office accommodation and a state-of-the-art data centre within a landscaped business park.
Kao Park has enjoyed a surge in lettings over the last year. This is the third significant letting, following those to electronics supplier, Arrow Electronics, and defence innovation specialist, Raytheon UK, which totalled over 100,000 sq ft.
Named after Charles Kao who, 50 years ago, co-discovered the technology behind fibre optic cable whilst working on the site for Standard Telephone Laboratories (later Nortel), Kao Park has traditionally been home to innovation and new technology.
The site also includes the creation of the KAO Data campus, adjacent to the business park. Once fully developed, KAO Data Campus will comprise of four data centres each split into four halls designed over three floors. It will be the only campus within 30 miles of London to combine 150,000 sq ft technical space and 200,000 sq ft of grade A office space, with each technology suite capable of supporting a 2175kW IT load totalling an 8.7MW IT load across each building.
We have managed the 35-acre Kao Park since 2002 and will now work towards delivering an office in August which is designed sustainably to fulfil Pearson’s requirements.
Carl Whayman, Chief Executive, Lee Baron, commented:
“Kao Park has enjoyed a surge in lettings over the last year attracting occupiers such as electronic supplier, Arrow Electronics, and defence innovation specialist, Raytheon UK. We are delighted that Pearson has agreed to join the Kao Park family. This is Grade A office accommodation in the heart of the sought-after London-Stansted-Cambridge corridor.
“We are now working towards delivering an office in August which is designed sustainably to fulfil the company’s requirements.”