Sir Robert McAlpine has agreed a new 10-year lease moving within 15 Oxford Court, Manchester, to newly refurbished offices.
The construction giant has been based in the building for the past decade but on two floors and has now taken the opportunity to occupy a single floor, taking 4,000 sq ft across the whole of the third floor. The floor was recently refurbished and provides McAlpine with a single floorplate in a more modern air-conditioned environment.
Daniel Bourmad of PDA Holdings represented the syndicate landlord 15 Oxford Court Ltd. He said: "We are thrilled to announce this deal which truly reflects the investment made by the landlord into the building to offer a modern specification in an established courtyard location. The surrounding area is also vastly improving with the re-design of St Peter's Square, the development of 1 St Peter's Square where KPMG are to be based, the high-speed fibre network along Oxford Road Corridor and the £30m investment by Manchester City Council. We still have three-and-a-half other floors to let offering suites from just 1,168 sq ft with plentiful parking and hope that this recent deal will lead to further lettings soon."
Josh Levy of WHR, joint agents acting for the landlord, said: "This is excellent news for the building and the location. The St Peter's Square area is now the principle location for occupiers, based on the variety of high quality offices, the areas accessibility and the enhanced public space which will be on offer shortly."