- What Orega is opening 27,000 sq ft of flex office space at Marlow International
- Why The company said tenants would be attracted to the flexibility of not being tied into long leases
- What next The space will open in the spring
Orega has completed a 10-year management agreement to create flexible workspace at Marlow International, React News can reveal.
The space, which will open in the spring, will comprise 27,000 sq ft of newly refurbished space and provide more than 500 workstations. The space is designed for teams of all sizes – from five people to more than 100 on the second floor of the 230,000 sq ft building.
Marlow International is a grade A corporate HQ building close to Marlow town centre.
Marlow is the fourth flexible workspace that Orega has launched in the Thames Valley. The flex space provider also offers flex space from offices in Uxbridge, Slough and Stockley Park. In total, it operates from 22 locations across the UK.
Ben Hutchen, real estate director at Orega, said: “The demand for flexible office space has spread out of the capital into the Thames Valley and beyond. Operating flex space in Marlow will enhance our spread of offices across the region and will increase our presence in this prosperous and growing local economy.”
“We believe our space will be particularly attractive to corporates who want the flexibility of not being tied into long leases as they negotiate these uncertain economic times.
“As a business we are finding that the market has turned. We are now increasingly approached by landlords who want to engage with us to create an income from their under-utilised space and to mitigate voids, whilst retaining control of their asset and brand. “
Hollis Hockley and Cushman & Wakefield advised the landlords.