• 5,300 sq ft deal for PolarSeal’s first Corporate Innovation Hub

Frasers Property UK has secured PolarSeal, a global contract development and manufacturing organisation in the medical devices and life sciences sector, for a new 5,300 sq ft lease at Farnborough Business Park, Hampshire.

PolarSeal is relocating to 250 Fowler Avenue at Farnborough Business Park, where it will establish its first Corporate Innovation Hub. The new space will bring together teams across business development, client relations, R&D, project management, IT, finance and executive leadership, and will feature an Innovation Lab designed for client engagement and collaboration.

Founded in 1981, PolarSeal has over 40 years’ experience in advanced flexible material solutions for the medical device and life sciences industries. Trusted by leading healthcare brands worldwide, the company enables MedTech innovation through scalable, high-quality manufacturing, with facilities in Surrey, Suffolk and the USA.

Denver Rich, Executive Director at PolarSeal, said: “PolarSeal’s move to Farnborough Business Park marks the next chapter in our exciting growth journey as we enhance our offering as a catalyst for the future of MedTech. The business park provides the ideal environment for innovation and collaboration, and our teams are excited to be based here, using the new Corporate Innovation Hub to develop new ideas, drive progress and ultimately enhance the quality of global healthcare.”

Christina Cosgrove, Senior Asset Manager at Frasers Property UK, said: “We are delighted to welcome PolarSeal to Farnborough Business Park as they establish their first Corporate Innovation Hub. At Frasers Property, we are committed to being a trusted, long-term partner for our occupiers, creating best-in-class assets where organisations can grow and thrive. We look forward to supporting PolarSeal as they expand their pioneering work in the medical device and life sciences sector and become part of the Farnborough business community.”

Farnborough Business Park forms part of the asset portfolio of Frasers Logistics & Commercial Trust, and is a high-quality business park located in Farnborough, Blackwater Valley. Spanning 46.5 hectares, the business park comprises 14 commercial buildings, including nine office buildings, two car showrooms, a mixed-use office and industrial building, and two cafes. Farnborough Business Park is also the first in the world to achieve a Fitwel 3-star accreditation, recognising its unwavering support for health, well-being, and environmental responsibility.

Frasers Property UK supports Frasers Logistics & Commercial Trust in the asset management of Farnborough Business Park.

Frasers Property UK is represented by Hollis Hockley UK and CBRE UK.