- Client
- Ivy Farm Technologies
- Sector
- Commercial
- Location
- Oxford
- How we helped
- Science and technology Transport
Latest news
- Carter Jonas and Ceusters Advise SAPPI on Landmark Sale of Lanaken Mill in Belgium
- Award-winning photo and video retailer opens flagship Putney store as UK expansion continues
- Carter Jonas strengthens international reach with new strategic alliance with Poland’s Axi Immo
- Carter Jonas appointed as leasing agent on Weston-Super-Mare retail and leisure destination, The Sovereign
- Carter Jonas Strengthens National Open Storage Team
- Carter Jonas appoints new Partner Alex Tross as Head of Office Agency in Birmingham
- Oxford’s first new build mid-tech and R&D building launched to market
- Herman Miller Signs for 92,510 sq ft Wiltshire Warehouse and Distribution Centre
- New occupiers join Box Makers Yard redevelopment in Bristol
Arlington recommended Carter Jonas to Ivy Farm Technologies to provide independent support and professional advice throughout negotiations for their impending relocation being delivered through a turnkey agreement.
Initial discussions with Ivy Farm identified that the specification and terms of the proposed 18,000 sq. ft. laboratory and office split required adjustment to ensure best value for our new client, whilst maintaining momentum to achieve the tight time scale objective necessary for business growth. Immediate activities were undertaken by our Commercial team to review the heads of terms whilst the Building Consultancy team developed the specification and reviewed the proposed works costs, working closely with the client's scientists to establish their specific requirements.
With the turnkey lab solution being an evolving offering within the Oxford market, commercial negotiations involved new elements to heads of terms being considered, notably around review and obligations on handback. Following the agreement of the revised terms, the construction works undertaken by the landlord were monitored by our project managers to ensure that the improved specification was delivered to a satisfactory standard and that the terms of the turnkey agreement were met.
The tight timescales has led to a two phase delivery process to ensure that Ivy Farm Technologies can maintain their growth objectives with the laboratory aspects of the development delivered first within 12 weeks.