Birchwood offices change hands
Jersey-based investor Cantt Pak has acquired the freehold interest in Washington House and Allday House in Birchwood, Warrington.
DTZ, advising Cantt Pak, claim the deal makes Cantt Pak the "biggest private landlord in the Birchwood area."
The two pavilion buildings total 105,000 sq ft and have 500 car spaces on a site of nearly seven acres.
Washington House is let to a single occupier, URS, the global multidisciplinary engineering consultancy group. Allday House is currently vacant and will be refurbished.
Imran Younus, marketing director for Pin Property Consultancy, asset manager for Cantt Pak, said: "Following our experience at Rutherford House we were delighted to secure these buildings for Cantt Pak. We will soon be in a position to announce further details of the refurbishment programme that will totally transform Allday House. We have already had interest from potential occupiers who see the benefits of this building and its strategic location against recent new buildings."
Bruce Poizer, senior director of investment agency at DTZ in Manchester, said: "The deal made real sense for my clients, who had completed a successful refurbishment and re-letting of the adjacent Rutherford House and were already familiar with the benefits of Birchwood."
CORRECTION: The original version of this article stated Allday House and Washington House as being on Birchwood Park. They are in fact in Birchwood itself but not on Birchwood Park which is owned and managed by MEPC Birchwood Park as the largest single landowner in Birchwood. Cantt Pak owns Rutherford House which is close to one boundary of MEPC Birchwood Park but not part of the estate. The other two buildings are a distance from MEPC Birchwood Park’s boundaries.
By Ed