Uxbridge Office Market
17 May 2023
‘Build the best space and they will come’ – a slight shift from the well-known phrase but it is particularly pertinent with the Uxbridge market. Developments that have aligned themselves to the flight to quality have continued to snap up demand in the town with Uxbridge Business Park and Charter Building capturing the majority of takeup.
Nonetheless, the level of competition amongst the key town centre buildings continues to make the market very tenant-friendly with rent-free levels reflecting the level of historic supply, which is now being eroded. Larger tenants who have had a presence in the town have continued their longstanding relationship reflecting great confidence in the fundamentals of the market. Examples include research and development companies Amgen and Parexel, which have both recently downsized but stayed within the Uxbridge locality.
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