An agreement for lease is currently in place dated 12th June 2014 and the new lease will be effective from signing off of landlord and tenant works. The entire First and Second Floors of Beaver House comprising approx. 1,826 sq m (19,655 sq ft) GIA are let to MAXIM Integrated Products International Limited under a new 15 year Full Repairing and Insuring (effective through the service charge) lease from 2015 and incorporating 5 yearly rent reviews (upward/ downward to open market levels). There is a tenant break option at the expiry of year 10 subject to 12 months’ notice. The passing rent is €315,500 per annum (to include 60 parking spaces) and the next rent review is 2020. The tenant has a right of first refusal on the ground floor which is subject to 14 days’ written notice from the Landlord from date of third party interest. 

‘MAXIM Integrated Products International Limited’ is a major multi-national technology solutions company originally founded in 1983 and employing 8,800 staff across numerous locations in North America, Asia and Europe. Ireland is the global headquarters of their international presence, establishing in Dublin in 2010 and currently employing 100 staff. Worldwide Revenue for 2014 was approximately $2.14 Billion and is both a NASDAQ and Fortune 1,000 listed company. For further information on the tenant, please visit www.maximintegrated.com