Olympic Park Birchwood

Olympic Park deals continue

Foster Care Associates has acquired a 5,286 sq ft office building at Olympic Park, Birchwood for an undisclosed sum, the fifth sale at the scheme in 12 months.

On behalf of retained clients, Jones Lang LaSalle and joint agents Matthews & Goodman were instructed to sell seven properties within the office scheme.

A total of 23,895 sq ft has been sold and there is 6,195 sq ft under offer and one unit of 4,090 sq ft remaining.

Claire Johnson, from Jones Lang LaSalle's office agency team, said: "We are delighted with the number of freehold transactions completed at Olympic Park and elsewhere across the North West. Since January 2011 Jones Lang LaSalle's office agency team has completed 21 sales totalling 127,734 sq ft demonstrating that there is still demand by occupiers to purchase, albeit at competitive levels."

Olympic Park was developed by Commercial Developments Projects and Pinder Fry & Benjamin before going into receivership.

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