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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.

Development Securities’ Joint Managing Director Julian Barwick said: ‘Notwithstanding the current economic environment, we are continuing to see demand for our high quality, purpose built business parks in the UK. It is testament to the quality of Globeside that it has now secured two lettings in the strongly competitive Thames Valley market.’

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