Regus brand Spaces has agreed terms to take the entirety of Worthington Group’s 125 Deansgate, currently under construction in Manchester city centre.
Last year, fellow co-working operator WeWork was tipped to take 45,000 sq ft, but negotiations stalled during the Christmas period.
Spaces is now set to let the whole 116,000 sq ft office; previously, market rumours had suggested that the company was only looking to take half the building.
The Deansgate location represents an expansion for Spaces; the new office will be in addition to its other Manchester facility, Peter House.
Spaces was founded in the Netherlands, and was acquired by Regus in 2015 as part of the serviced office operator’s bid to compete with the rapid rise of WeWork.
Regus is owned by IWG, which in the financial year to June 2018 recorded a turnover of £1.2bn.
The agents at 125 Deansgate are Savills and Knight Frank.