Global testing group relocates HQ as office deal sealed

A global pioneer in innovative communications test and measurement solutions has relocated to a new headquarters in Bedfordshire.

Anritsu Group has agreed a 20-year lease on a 4,500 sq ft hybrid/research and development unit at Capability Green business park in Luton.

Anritsu is a global leader in cutting edge testing technology, supporting the telecommunications, food and pharmaceuticals fields. The company, which celebrates its 130^th anniversary this year, is already the longest-standing tenant at Capability Green. 

Kirkby Diamond has been instructed to market the freehold of its existing offices after the company moved into its new base on the same business park.

Eamon Kennedy, partner at Kirkby Diamond, said: “Anritsu is a highly valued tenant at Capability Green and we are delighted that we were able to facilitate its relocation to a new headquarters at this highly popular business park.

“The move solidifies its operations in the region for years to come and enables greater staff retention as they have been able to remain very close to their previous premises nearby. Our attention will now turn to marketing the freehold of their former HQ at 200 Capability Green, where we have already received a high level of interest.  The unit available is a two-storey, detached hybrid HQ property occupying a fully landscaped site of approximately 2.313 acres (0.93 hectares) providing exceptional car parking and outdoor space. The building comprises 21,334 sq ft (1982 sq m) and is within six minutes' drive of Luton Airport.”   

Matt Bowen, head of commercial agency at Kirkby Diamond, said: “It’s great to see that Capability Green is now almost at full capacity as more occupiers, including major airlines, agree deals to make it their new business base. It really underpins the strength and depth of Capability Green as a headquarters for all types of occupiers.”

In the past 12 months, over 225,000 sq ft of office space has been transacted at the popular business park - representing a dramatic transformation in the fortunes of the site following significant investment in refurbishment and new facilities by the landlords. 

Airlines from nearby Luton airport are also making it their home, with easyJet and Tui agreeing deals on office space at the site. Positioned on the outskirts of Luton and just over one mile from the M1 and Luton airport, Capability Green – one of the country’s premier business parks - was built in the late 1980s and comprises an office business park over 85 acres which attracted some highly prestigious companies. 

Kirkby Diamond relocated its own Luton office to Capability Green, recognising the strategic location and other benefits, completing on a 2,082 sq ft sq ft office in 2023.