Over 18,000 sq. ft. has been taken in Lothbury Investment Management’s Clarendon House in Oxford, the largest take up in space in the area in over 2 years. The letting is great news for the area, and shows the demand for regional office space, especially south of London. The deal is expected to achieve around £19 per sq. ft., significantly lower than the prime rents of £30 per sq. ft. that are expected if continued development hits the city centre.