The consultancy is understood to have decided on 2 St Peter’s Square for the relocation of its Manchester office from One Piccadilly Gardens.
JLL has been based at One Piccadilly Gardens since shortly after its £200m takeover of King Sturge in 2011. Prior to that deal, King Sturge had occupied 16,000 sq ft at the building, where 100 people were based, with JLL employing 45 people in 7,800 sq ft at Chancery Place. The Piccadilly Gardens lease expires in late 2019.
2 St Peter’s has ten full floors of office space with 16,500 sq ft floorplates, and a top floor of 8,925 sq ft. Of the larger floors, only one remains available. Place North West understands that JLL’s requirement is for around 14,000 sq ft, but it might be prepared to take the whole floor of 16,500 sq ft.
The office occupiers at 2 St Peter’s Square are the Department for Work & Pensions, which occupies five floors; EY which occupies three; and Distrelec, which has a single floor. Wagamama and Friska operate at the ground floor. Developed by Mosley Street Ventures, the building is owned by Deutsche Asset Management.
A spokesman for JLL said: “We’re currently reviewing options in Manchester city centre to ensure our workspace continues to meet the needs of our business.”
Cushman & Wakefield and CBRE are the joint agents on 2 St Peter’s Square. Both declined to comment.