One New Bailey June 2017

One New Bailey nears full house

English Cities Fund’s One New Bailey in Salford is almost fully let, following deals to Circle Recruitment and Shawbrook Bank.

Shawbrook Bank, currently based on Deansgate, has taken 5,300 sq ft across the third floor of One New Bailey on a 10-year lease with a five-year break. Circle Recruitment has taken 1,900 sq ft on the first floor on a five-year lease and is relocating from its base at Blue Tower, MediaCityUK.

One New Bailey was the first office to be delivered at the New Bailey development, being delivered by a joint venture between Muse Developments, Legal & General and Homes England.

One New Bailey is already home to Freshfields Bruckhaus Deringer and WH Ireland, with restaurants Menagerie and FoodWell on the ground floor.

Phil Mayall, regional director at The English Cities Fund, said: “One New Bailey has been the anchor development for the wider scheme, and with the variety of high quality, professional businesses now based here, as well as the vibrant leisure scene on the ground floor, this building epitomises what New Bailey is all about.

“New Bailey’s location was a major driver for both Shawbrook Bank and Circle Recruitment selecting the building, and we’re delighted to welcome them both to the scheme.”

Following completion of the letting to Shawbrook, 3,165 sq ft remains available in the 125,000 sq ft building.

There are four projects currently under construction at New Bailey, including offices Two New Bailey Square, Riverside House and Three New Bailey, as well as the third phase of residential development at The Slate Yard.

JJL and Cushman and Wakefield are the agents on the scheme.

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Manchester is booming!

By Boom

*Salford

By LOL

Manchester is Salford, Salford is Manchester.

By Economist

Salford is Salford….

By Garry

“Manchester is Salford, Salford is Manchester.”

Here speaks someone clearly not from either.

By Cyril

This is situated in the City Centre.
The city centre shared by both Salford & Manchester

By Anon

@cyril @Garry here speaks someone who knows nothing about how cities develop and the associated economics.

By Economist

@Economist, regardless.. I’m pretty sure Salford is still Salford, I’m sure I still see the signs when I pass through on my journey home. Is it not allowed its own identity no?

By Garry

The GM city of Salford then to keep us all happy. All this parochial tripe grinds me down. Do Londoners whine on about driving into the ancient county of Surrey when they pass the Shard?

By Elephant

Salford is a city in its own right. We are not part of Manchester.

By John.from Salford

John – literally nobody would care about Salford if it wasn’t for Manchester next door. Parochialism isn’t what has allowed Salford to succeed. It’s working with its bigger neighbour and accepting that we’re part of a greater whole that has led to all the investment and growth that Salford is seeing.

By Anonymous

This groundhog day conversation reminds me of the pain we have to live with in Liverpool and ‘the Wirral’… the South East must absolutely love all this divide and conquer of up’t North :/

By LEighteen

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