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.

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