TripAdvisor signs at Oxford Science Park
PUBLISHED: 10:27 12 December 2013 | UPDATED: 10:28 12 December 2013
Acting on behalf of TripAdvisor, national commercial property consultancy Lambert Smith Hampton (LSH) has completed Oxford’s largest office letting in 2013 at the Hinshelwood Building in Oxford Science Park.
Holiday Lettings, a subsidiary of TripAdvisor, has signed for office space at the Hinshelwood building in Oxford Science Park. TripAdvisor has taken assignment of the lease for the entire 31,500 square foot Hinshelwood 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.
The new office space at Hinshelwood is for Holiday Lettings, a subsidiary of TripAdvisor. The company is relocating from its current offices in Summertown in Oxford, Situated to the south east of Oxford 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 in-depth 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 advisor, 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 1million sq ft for international companies in the region over the last few years.”
Founded in 2000, TripAdvisor has become the world’s largest online travel site. TripAdvisor offers advice from travellers and a wide variety of travel choices and planning features with links to booking tools. TripAdvisor 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 150,000 + retreats in 150+ countries worldwide.
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