Riverside Bruntwood

Bruntwood scores again at Riverside

DTZ has acquired 24,000 sq ft of office space on behalf of Futureworks, a private Higher Education media college.

The transaction is the largest office letting in Manchester city centre so far this year and involves Futureworks relocating from Mosley Street into Bruntwood's Riverside development in New Bailey Street.

Chris Mayo, managing director of Futureworks, said: "The accommodation at Riverside provides Futureworks with the ideal platform to take the business to the next level and marks a significant step in our growth. We have exciting plans to further expand the business and working with a property owner such as Bruntwood provides the perfect partner to accommodate our future growth. Riverside offers a stunning base for our staff and students."

Rob Yates, office agency director of DTZ, said: "We have been searching for a suitable building for Futureworks for some time. The pragmatic attitude Bruntwood adopted in discussions and their 'can do' attitude really appealed to our clients. This is a major relocation and is testament to the quality of accommodation at Riverside that our clients choose this development as their long-term Manchester base."

In May, Money Plus Group took 21,500 sq ft at Riverside, the largest deal of 2012 at the time.Bruntwood spent £5m refurbishing the 140,000 sq ft Riverside complex, installing two new reception areas, public realm, landscaping and improved floor space across the five buildings. The scheme is now 80% let.

Andrew Butterworth, sales director of Bruntwood, said: "Attracting such a significant occupier as Futureworks is very positive news for Riverside. We are delighted to provide a property solution that meets the needs of Futureworks and caters for their future expansion.

Occupiers have really appreciated the refurbishment works we have undertaken and take-up of space has been extremely positive with 17 new tenants already committing to taking space in the revitalised office scheme."

Letting agents are OBI Property, Lambert Smith Hampton and Jones Lang LaSalle.

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