Deals continue at Exchange Quay

Around 80,000 sq ft of lettings have been agreed at Hunter Real Estate Investment Managers’ Exchange Quay in the past 12 months, with insurance firm 1st Central being the latest occupier to sign at the office complex.

1st Central has taken a 10-year lease on 11,000 sq ft on the sixth floor of Number 1 at Exchange Quay in Salford Quays for its first Northern office.

Canning O’Neill and Savills are agents on Exchange Quay, and Matthews & Goodman introduced 1st Central.

Hunter recently completed a £10m refurbishment of the 433,637 sq ft Exchange Quay office.

Hunter’s investment programme upgraded the six office buildings at Exchange Quay, extensively remodelled the public realm and introduced occupier facilities including a Costa Coffee outlet and Londis Retail Shop which are managed by site services partner, Elior.

Last week Hunter announced that American conglomerate 3M, had relocated 120 staff into a 12,500 sq ft suite on the fourth floor of Number 8 at Exchange Quay.

Last year 60,000 sq ft of deals were agreed at Exchange Quay, including to accountancy software company Sage, GlaxoSmithKline and management consultant Boxchange, and Wurth Electronics.

Tom Freestone at 1st Central, said: “1st Central were originally considering Manchester city centre for their new northern office. However, Exchange Quay offered a credible and viable alternative that provided large open plan floor plates with excellent on site amenity and connectivity akin to the city centre but at a discount of 25-30% on occupational overhead.”

Exchange Quay’s six office buildings range from 26,151 sq ft to 116,684 sq ft.

Planit-IE designed the public realm at Exchange Quay.

Your Comments

Read our comments policy

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 12,000 property professionals and receive your free daily round-up of built environment news direct to your inbox


Join more than 12,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy

Would you also like to receive our free PlaceTech Weekly newsletter, covering innovation in property?*