DLUHC signs for 25,000 sq ft at Salford’s Soapworks
With the Department for Levelling Up, Housing, and Communities on board, Greater Manchester Pension Fund’s 230,000 sq ft office block is fully let.
Soapworks is the former Colgate-Palmolive factory and sits along the Manchester Ship Canal. GMPF acquired the property in 2017 for £60m. Catella APAM is the retained asset management advisor for the property.
DLUHC has signed for 25,000 sq ft, a space that it will occupy until 2031. JLL acted for GMPF on the deal, while DLUHC was represented by BNP.
“This is a significant deal and a clear example of the Soapworks attractiveness in the Manchester office market,” said Andrew Day, head of asset management in the North for Catella APAM.
“With best-in-class amenities, collaboration space, and an events program that blends our tenants’ working days with wellbeing activities such as yoga and HIIT classes, as well as pop-up events and food vendors, Soapworks generates a sense of community that is important to the modern occupier,” he continued.
DLUHC’s neighbours in the building will include Talk Talk, the Home Office, and Irwell Valley.
A new tenant is not the only change coming to the Soapworks. Plans are due by the end of the year to construct 450 homes and a multi-storey car park.
There’s a department for levelling up.? What do they do all day. Oh well I suppose we’re about to find out.
By James
Salford quays can be transformed into something so beautiful and can really attract so many people. Only if it’s spaces are utilised well
By Anonymous
“Levelling up,” I cannot recall one significant infrastructure programme in my lifetime of 60 years , outside London and the South East. That is a pretty damning statistic for governments of all colours, particularly the Blair and Brown ones.
By Elephant
I guess we know which city will be levelled up then 😉
By Chris
Only leveling up for more metropolitans too move into SALFORD leaving Salford people the scraps
By Anonymous
Oh Dear Anonymous 5.05 pm ‘more metropolitans !?…Do even you know what that means 😅. I was brought up here too …put down the cloth cap, it’s over, the world has moved on, you can travel now further than t’foot of our stairs.
By Dearyme
As it looks like the HS2 link to Manchester is going to be binned . What are these guys going to do all day .
By Graham Wilson