Anchorage sold for £26m
Cording Real Estate and HIG Capital have bought the 220,000 sq ft Anchorage office complex in Salford Quays for around £26m.
The office was sold by a private syndicate, represented by Knight Frank.
One of the main tenants in the Anchorage is health and social care company Bupa, which recently signed a deal with Peel to relocate to a 145,000 sq ft new-build office, set to be built on a car park site near to its current base.
HIG is a Miami-based global private equity firm. The purchase of the Anchorage is HIG’s nineteenth real estate investment in Europe since the start of 2013.
HIG and Cording acted for themselves.