Sports fashion brand Castore is to relocate its headquarters from Liverpool to the Manchester office building, taking all 22,100 sq ft available across five floors.
The building forms part of Kinrise’s Albert Estate in Manchester city centre. Castore, which is to relocate from Liverpool over the course of this year, has signed a 13-year lease.
Castore was founded in 2015 by brothers Thomas and Philip Beahon to offer improved performance in men’s sportswear, and the brand now sells to more than 50 countries, chalking up collaborations with the likes of Andy Murray. Revenue is expected to reach £100m this year.
The firm will relocate all staff from current headquarters in Liverpool to Manchester this year and said it expects to create a further 300 jobs in the city in the next two years.
Phil Beahon, Castore co-founder, said: “We are delighted to be moving to Manchester and opening Castore House as our global HQ in the city. It is clear for everyone to see that Manchester is a city with an incredible buzz about it and the number of fast-growing, high tech businesses in the city were a real draw for us when choosing our long-term home for Castore.”
George Aberdeen, co-founder at Kinrise, said; “Like all properties in the Kinrise portfolio, One Central Street has been carefully redesigned to reveal the original character of the building; making it the perfect location in which a forward-thinking business like Castore can thrive.”
OBI advised on the transaction, and has also been appointed to design the new workspace and manage refurbishment.