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Moorcrofts advises Extrinsica Global Limited on its move to new premises at The Oxford Science Park

Moorcrofts advises Extrinsica Global Limited on its move to new premises at The Oxford Science Park

22nd October 2019

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Moorcrofts Commercial Property Team has advised Extrinsica Global Limited, a cloud solutions business, on a letting at The Schrodinger Building at Oxford Science Park.

Moorcrofts’ Commercial Property Partner, Julia Ferguson led the legal negotiations for Extrinsica Global.

Julia said:

“We were very pleased to assist Extrinsica Global with their move into new premises at Oxford Science Park. This was an important move for the client giving them much needed extra space but also an impressive new Headquarters from which to operate out of. We wish them much success in the future.”

Simon Smith, director of Extrinsica Global commented:

“The Company has experienced rapid growth since establishing itself as a start-up in 2013.  Having now established itself as one of Microsoft’s top hyperscale cloud providers in the UK and winning some impressive customers, including the FTSE 100, Extrinsica Global has needed to grow significantly in headcount. This meant we needed a new set of offices that could both accommodate the growth in staff numbers and future growth but also act as a showpiece for customers and partners.

With this, Extrinsica Global moved their headquarters to the newly-built Schrödinger Building at Oxford Science park. Utilising the blank canvas and large glass space, Extrinsica Global has created a state-of-the art workspace that includes open plan areas that encourage collaborative working between engineers and project managers, and an ultra-modern Operations Centre that enables the business to manage and support all of their customers’ cloud solutions.

This was the first time in its development that Extrinsica Global had leased corporate office space and it needed specialist assistance to navigate what was for them uncharted territory.  Moorcrofts worked closely with Extrinsica Global to help them successfully navigate the route to completing the leasing deal that would enable the next phase of their phenomenal growth trajectory. We were really pleased with the service Julia provided and would have no hesitation in recommending Moorcrofts Commercial Property department.”

Moorcrofts Commercial Property Team provide legal advice to owners and occupiers of commercial property, with a particular specialist in tenant representation as well as having extensive experience advising corporate occupiers in all aspects of leasehold acquisitions and disposals.  For more information regarding Moorcrofts commercial property services contact Julia Ferguson on 01628-470009 or Julia.ferguson@moorcrofts.com.

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