Tenant doubles space at Portland Street
Bank of Scotland has leased a further 40,000 sq ft within Aviva Investors’ 11 Portland Street, taking its total footprint in the Manchester building to 96,000 sq ft.
According to Aviva, the Bank of Scotland deal takes the 160,000 sq ft office to 90% let. The block on the edge of Piccadilly Gardens underwent a £20m refurbishment which completed in 2017, and saw tenants ARM Holdings and Etc Venues take space.
ARM has also expanded, adding 6,000 sq ft to its 13,500 sq ft offices in October last year.
CBRE advised Bank of Scotland, and Savills and Cushman & Wakefield acted for the landlord.
Paul Smith, associate director at Aviva Investors, said: “We are strategically committed to Manchester and proud to help businesses grow in the city through major lettings to Bank of Scotland at 11 Portland St, Central Working at 55 Spring Gardens and Booking.com at Enterprise City. Aviva Investors is deeply embedded within the local market, enabling strong relationships with key stakeholders. The most recent letting at 11 Portland Street provides a great example of working closely with local employers to understand their needs and provide ‘best in class’ real estate solutions.”