Holiday Lettings, a subsidiary of TripAdvisor, has signed for office space at the Hinshelwood building in Oxford Science Park. National commercial property consultancy Lambert Smith Hampton (LSH) acted on behalf of TripAdvisor to complete what is Oxford’s largest office letting of 2013.
TripAdvisor has taken assignment of the lease for the entire 31,500 sq ft building. Hewlett Packard is the vendor and was represented by LSH and CBRE.
LSH was instructed in August 2013 to find new office space for TripAdvisor in the Oxford and South Oxfordshire market up to 35,000 sq ft, as part of the company’s wider expansion plans. Holiday Lettings office space is relocating from its current offices in Summertown, Oxford.
Situated to the south east of Oxford and accessed from the A4074 Henley Road, Oxford Science Park offers an attractive landscaped environment together with on-site facilities including a children's crèche and restaurant. The Hinshelwood Building is prominently located at the entrance to the park in a lakeside position.
Kevin Wood of LSH’s Oxford office says: “This is a great move for TripAdvisor. Our indepth knowledge of Oxfordshire’s commercial property market and experience in the corporate real estate sector were key components that helped us find them the perfect office space. We have worked really closely with TripAdvisor’s US-based property adviser, Columbia Group Realty, to smoothly complete this transaction.
“We have been retained by TripAdvisor to manage and procure the fit-out at Hinshelwood and there are exciting plans in the pipeline as the intention is to create a vibrant and modern workplace in which its creative staff can really flourish.
“The LSH Thames Valley agency team has acquired over 1 million sq ft for international companies in the region over the past few years.”
Founded in 2000, TripAdvisor has become the world's largest online travel site. It manages and operates websites under 20 other travel media brands and the sites operate in 30 countries worldwide. Holiday Lettings is part of TripAdvisor Inc. Founded in 1999 it lets you search for, book or list holiday rental accommodation and currently boasts over 150,000 retreats in 150 countries worldwide.
Resources: Holiday Lettings website
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