Clothing retailer makes Oakland House move 

AM London Fashion is to occupy 16,400 sq ft at Regional Reit’s Old Trafford office block, relocating from City Approach in Eccles. 

The fashion company has signed a 10-year lease on the third and fourth floors of Oakland House on Talbot Road. 

In a further deal, existing occupier PHMG, an audio branding agency, has taken an additional 11,000 sq ft on the sixth floor. The company initially signed for 5,450 sq ft on a 10-year lease in 2019.

Agency Cushman & Wakefield acted on behalf of London & Scottish Property Investment Management, which manages the 163,000 sq ft building for Regional Reit.  

Regional Reit bought Oakland House as part of a £37.5m portfolio deal from LaSalle Investment Management in January 2016.

The quoting rent for the building is £12.50/ sq ft. 

Harry Skinner, associate at Cushman & Wakefield in Manchester, said: “These lettings demonstrate that there remains demand for space in the region for high-quality buildings with good public transport links.  

“Oakland House is now close to full occupation, which is testament to the recent upgrades the landlord has made to the building.” 

The building is now 88% let with 18,541 sq ft of available space, according to London & Scottish Property Investment Management.

Savills acted for PHMG and Canning O’Neill acted for AM London Fashion. Avison Young is the joint letting agent for Oakland House.