Lateral Pre-Lets One Vision Park to Nuclera

Lateral has secured a pre-let agreement with Nuclera for Mortlock House in Cambridge, a former office building being redeveloped into a bespoke life sciences facility. The deal highlights Lateral’s focus on delivering service-led laboratory spaces tailored to innovative companies.

Lateral director Rob Beacroft said:

“Our unique focus upon delivering service-led lab spaces for a diverse range of occupiers is putting us front of mind for innovative companies like Nuclera. Lateral, like Nuclera, is a dynamic, forward-thinking business, which allowed the bespoke deal to be completed within a matter of weeks.

We are delighted Nuclera has chosen to move their market-leading technology and research to Mortlock House, and we look forward to announcing further strategic acquisitions over the coming months, as we progressively increase our life sciences portfolio.”

Nuclera co-founder and chief executive Michael Chen added:

“Our work and team are expanding at pace. Following our recent series B raising, we have secured top talent across key positions and are rapidly progressing in our mission to make proteins accessible via game-changing technology.

We believe Lateral’s unique lab space focus mirrors our own ambition for better service and innovation in this sector.”

The pre-let reinforces Cambridge’s position as a leading life sciences cluster and demonstrates Lateral’s approach to creating high-performing, occupier-led assets that support rapid growth and innovation in the sector.