Palladium buys in Liverpool’s Old Hall Street

Palladium Group has acquired two adjoining offices in Liverpool city centre from Moorfield for a combined £2.7m.

Nations House and Stanley Hall offer a total 40,603 sq ft of offices on Old Hall Street within Liverpool’s central business district. Tenants include Sainsbury’s Supermarkets, Matthews & Goodman and Haskoning UK.

Nations House is a refurbished building totalling 21,482 sq ft with extensive frontage on Old Hall Street.

Stanley Hall is a period building, arranged on the ground and three upper floors providing office suites, car parking and storage to the lower ground floor.

CBRE’s capital markets team represented Moorfield.

Robert Woods, director of capital markets in CBRE’s Manchester office, said: “The Liverpool investment market continues to prove attractive to investors seeking prominent office buildings within Liverpool’s central business district. Both properties offer investors exciting opportunities for future refurbishment and re-positioning as well as the potential to further grow the existing tenant line-up.”