09/09/2013

Cody Technology Park, Farnborough – Thriving High Tech Hub

POSTED IN General

The 180 hectare QinetiQ owned Cody Technology Park is proving extremely popular with High Tech / R&D businesses.  This former MOD site (Defence Evaluation Research Association) comprises approximately 1.2million sq of smart offices, labs and production accommodation. It is ideally located just half a mile from junction 4a of the M3 and adjacent to the TAG operated Farnborough Airport that plays host to the internationally renowned Farnborough Air show. 

Cody Technology Park is the international HQ for QinetiQ, the UK’s largest research and technology organisation specialising in defence, aerospace, security and related markets employing around 1400 staff on site.  The site itself benefits from a high level of security and unrivalled power and connectivity, as well as an extensive range of amenities including restaurants, lecture theatre, conference facilities, a gym and subsidised buses.

Following the departure of the Government owned Defence Science & Technology Laboratory in 2010 approximately 200,000 sq ft of labs and offices were freed up and the decision was taken to open the site to external tenants.  We have since welcomed a number of major corporate occupiers including GE Oil & Gas, Renesas, Ark Continuity, Frazer Nash, Guava, and Datum Datacentres and we are now up to 600 tenant employees.

In the last few months Wadham & Isherwood and joint agents Lambert Smith Hampton have completed a string of further deals including:-

4,300 sq ft of office space to BlueFort who specialise in the delivery of IT security solutions (3 year lease)

12,300 sq ft of labs and offices  to EW Simulation Technology Ltd (part of Kratos Defense and Security Inc) who specialise in the design and manufacture of Multi-Spectral Threat and Counter Measure Simulators for electronic warfare tests Naval, Airforce, Army and civilian customers around the world. (10 year lease offices).

3,500 sq ft of labs to Biocompatibles, a leader in medical technology in the field of interventional oncology using embolic and drug-device combination products. (2 year lease)

2,000 sq ft of offices let to Geobond Piling Contractors. (10 year lease).

1,000 sq ft of offices let to Now We Comply, a specialist in providing innovative Cloud based compliance software. (inclusive terms for 12 months).