O’Neill Patient Solicitors will take up residence on the second and third floors of 2 Stockport Exchange.
Currently based in Hazel Grove, the relocation will see O’Neill Patient modernising its office space.
The Aedas-designed 2 Stockport Exchange boasts 61,500 sq ft spread out across six storeys. O’Neill Patient will join a tenant list that includes BASF, which has taken the fourth and fifth floors of the building. 2 Stockport Exchange is next to the fully-let 1 Stockport Exchange.
Both buildings are part of the £145m Stockport Exchange project from Muse Developments and Stockport Council. That development will see a total of 375,000 sq ft of office space brought to Stockport, as well as 28,000 sq ft of commercial retail and leisure space.
Tom Webber, senior development surveyor at Muse, said: “The signing of O’Neill Patient at Stockport Exchange is a ringing endorsement of what we’re achieving here, and we’re delighted to welcome them to the growing community.
“Through our strong partnership with the council, we’re continuing to drive economic growth in the town centre, through the delivery of a high-quality product that benefits from unrivalled connectivity, which all comes together to create a destination. We’re proud to be playing a significant role in the renaissance of Stockport town centre to benefit the whole community, and the town’s future success in the Mayoral Development Corporation.”
O’Neill Patient Solicitors chief executive officer Andy Scaife praised Stockport Exchange as a “really well thought out development”.
“We had been looking for new offices to accommodate our growing workforce and Stockport Exchange provides the perfect setting which is easy to get to and provides a really positive workspace for our team, as well as providing an image which is commensurate with our future plans and vision for the business which will see us modernise conveyancing,” Scaife said.
Councillor David Meller, cabinet member for economy and regeneration at Stockport Council, said: “Despite the current crisis, O’Neill Patient, are joining the town centre at an exciting time and will join BASF at this fantastic location. The fact that we have attracted such high calibre businesses to Stockport Exchange is testament to its high-quality design in such an accessible location, with all the benefits of the town centre nearby.
“It’s good to see the private sector reflecting the confidence we have – and will always have going forward – in our borough,” Meller continued. “Our ambitious Mayoral Development Corporation and the thousands of new homes and business opportunities it will create, the new Transport Interchange and improvements to Merseyway, all coming to fruition in the near future, will increase our appeal even further.”
Avison Young represented O’Neill Patient on the deal, while Cushman & Wakefield and CBRE acted for Muse and Stockport Council.
The work on the Stockport Exchange development is far from over. Next, Muse plans to bring forward another 64,000 sq ft of office space, which will be funded through a £54m grant from the government’s Getting Building Fund.
The next phase of Stockport Exchange will also include a 399-space multi-storey car park, which will have 24 EV charging points and solar photovoltaics. The photovoltaics will help the car park save 25,000 kg of carbon dioxide per year. Helping with that number will be the MSCP’s living wall which will also help reduce the urban heat island effect of the scheme.