Our View
Supply continued to edge upwards, rising to 1.6m sq ft, with the major upturn over the past few months being the recent launch of the new Riverlabs scheme at Park Road in Ware. The first phase of the 440,000 sq ft life science scheme was launched providing 90,255 sq ft of office and wet laboratory space in a repurposed building. Second hand availability has seen a recent uptick in supply, with the addition of 200,000 sq ft at the County Hall in Hertford. The availability rate has now moved to 8.5%.
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Key Contact

Peter Higgins
Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534[email protected]