Cheffins has advised Raspberry Pi on the assignment of its lease at St John’s Innovation Park, Cambridge, with accountants Grant Thornton UK taking occupation of the 7,642 sq ft first-floor suite at the Maurice Wilkes Building.
Previously occupied by Raspberry Pi, the lease has been assigned to Grant Thornton UK and will run until 2033, supporting the firm’s position in Cambridge. Raspberry Pi’s move forms part of the company’s wider property strategy and will see the computing company focus on its headquarters at Cambridge Science Park.
St John’s Innovation Park is a 21-acre campus offering high-quality office accommodation alongside an innovation centre, gym and transport hub. The park is home to a number of leading occupiers including Darktrace, RSM and Mewburn Ellis. The Maurice Wilkes Building, completed in 2018, provides approximately 65,000 sq ft of Grade A office space arranged over five floors.
Will Brown, Director at Cheffins, who advised on the transaction, commented:
“Cheffins has advised Raspberry Pi on its property requirements since 2020, supporting the business throughout its remarkable growth since its establishment in 2008. This latest move represents the next phase in Raspberry Pi’s evolution and its wider property strategy as the company positions itself for continued success.”
“We were delighted to advise Raspberry Pi on this assignment and to ensure a smooth transition of the lease to Grant Thornton. With excellent access to Cambridge city centre, the A14, M11 and A1, and a prominent position within St John’s Innovation Park, the Maurice Wilkes Building offers the type of high-quality space that remains in strong demand from both professional services and technology occupiers.”
For further information on the transaction, contact Will Brown at Cheffins on [email protected], 01223 271921