Nationwide Building Society has bought the Trilogy building in Swindon’s Kembrey Park.
Trilogy, which totals 76,000 sq ft, comprises a prominent headquarters office building and is close to Swindon town centre.
The sale was handled by commercial agents Loveday, working jointly with JLL.
Giles Weir, of JLL, said: “The continued expansion of Nationwide is welcome news for the town at the present time and is an indicator of the fact that Swindon still maintains a diverse economy. Hopefully this deal will spark some life into what has been a difficult period for the local office market, and will lead to an encouraging and resurgent 2018/19. We are already seeing increased activity levels from the corporate sector with several large requirements circulating, which is an encouraging sign.”
Bradley Forbes, of Loveday, said: “We are delighted to have negotiated this sale, which represents the largest office disposal in Swindon for over 15 years. This transaction means availability of offices within the town is now at an all-time low.”
For further information contact Bradley Forbes at Loveday on 01793 423344 or Giles Weir at JLL on 0117 930 5782.
Pictured above: The Trilogy building