18th August 2023, London - BNP Paribas Real Estate today announced it has acted for BNP Paribas Leasing Solutions in its letting of 21,000 sq ft of office space at Skelton Group's Midpoint, in what marks the largest office letting in Basingstoke town centre for five years.
Leasing Solutions, the asset finance arm of the global French bank BNP Paribas, have taken the 4th floor and Part 5th floor on a new 10-year lease, and will be relocating its 280 strong workforce from its existing offices in Northern Cross, Basing View to Midpoint later this year. As part of the deal, Skelton Group is upgrading the air conditioning to a new and highly efficient VRF system, installing EV charging points as well as modifying the existing fit out on both floors to provide Leasing Solutions and its staff with a modern and well specified workspace.
Simon Keefe, director at Skelton Group commented: ‘’We are delighted to have secured such an excellent tenant and major Basingstoke occupier for Midpoint. The adaption and reuse of most of the existing fit out has delivered Leasing Solutions with significant financial and environmental savings that could not be achieved elsewhere. This letting to Leasing Solutions comes on the back of recent lease renewals with existing tenants Once for All and CARS, leaving only one fully fitted suite of 6,100 sq ft available. The other occupier in the building is global infrastructure and environment consultancy Aecom.”
Rachel Appleton, leasing solutions director at BNP Paribas Leasing Solutions added: ’’We had been based at our Basing View building since the early 1990’s and we wanted to move to more modern environmentally friendly premises in keeping with our corporate objectives. Midpoint ticks all the boxes for us by offering a new and modern reception area, flexible floor plates with good natural light, generous parking and near to the train station and local shops. This coupled with the enhancements being undertaken by Skelton Group as part of the deal made Midpoint the preferred option, and we look forward to our move there later this year’’.
Hollis Hockley and Baker Davidson Thomas were joint letting agents for Skelton Group. Leasing Solutions were represented by BNP Paribas Real Estate.
