Real Estate Group makes Mosley Street move

Cole Waterhouse and Real Estate Investment Partnerships have relocated from King Street to the top floor of 80 Mosley Street in Manchester with plans to expand their teams in the next 12 months.

The companies, both part of the wider Real Estate Group, have taken 2,200 sq ft on the ninth floor of the building, which sits on the corner of Mosley Street and St Peter’s Square.

The space has undergone an extensive refurbishment, managed in-house and with Northern Quarter-based interior designer UTH Studio. It is now home to 10 staff with plans in place to add two or more recruits to the companies across the next 12 months.

The building is also home to OBI Property, who acted as agent for the deal, and there is only a single suite of 3,200 sq ft left available in the building after Cole Waterhouse and Real Estate Investment Partnerships’ move.

Cole Waterhouse is the developer behind No1 Old Trafford, a 354-apartment scheme designed by architect 5plus near Manchester United’s Old Trafford stadium. This secured £32m of funding from investor IP Global in April this year, and the project is expected to complete in 2020.

As well as No1 Old Trafford, the developer is looking to bring forward a 200-apartment project near MediaCity in Salford, with a planning application expected in the coming months.

It is also developing a student accommodation scheme in Wembley which is being forward-funded by Unite Students.

Real Estate Investment Partnerships is developing a number of projects in and around Altrincham; these include a five-home scheme on South Downs Road and a redevelopment of Alexandra House on Ashley Road and St John’s Road.

Brendan Flood, one of the partners behind St Michael’s, is listed as a director for both Cole Waterhouse and Real Estate Investment Partnerships at Companies House. Real Estate Group also includes fund and asset manager Edge Real Estate.