XPS latest to sign at 100 Embankment
Salford City Council has let 7,900 sq ft to the pensions consultant, which has signed a 10-year lease on part of the third floor.
The XPS deal brings the 165,000 sq ft 100 Embankment to 95% let. The remaining 12,000 sq ft is under offer and the building is expected to be full before the end of the year.
XPS, which is currently based at Chancery Place on Brown Street, is expected to move into its new home in September. Cubic Works is currently on site fitting out the space.
Tony Rich, head of property, facilities management, and procurement, said: “We chose to bring our two Greater Manchester offices to 100 Embankment because of its high quality and specification, prominent position and access for our staff to great amenities.
“As our business continues to develop, we feel this move provides a new, modern and exciting workspace for our colleagues to thrive. We can’t wait to enter the 100 Embankment community when we complete our move in September.”
XPS will join Deloitte, Ridge, Aecom, and flex provider X+why in the building.
XPS was advised by CBRE. The joint leasing agents on 100 Embankment are Cushman and Wakefield and CBRE.
Cllr Jack Youd, deputy Salford City Mayor and lead member for finance, support services, and regeneration said: “This deal further reflects our belief and commitment to excellence we had for this building.
“We were clear with our strategy for the development, we had a vision and were confident that what we were creating would be a popular, exciting and enticing option for businesses and as we move towards 100 Embankment almost being fully let, it’s clear we were fully justified in the approach we took.”
100 Embankment is owned by Salford City Council and was developed in partnership with Ask Real Estate and Tristan Capital Partners.
Jamie Hills, development director at Ask Real Estate, added: “This latest letting confirms the established appeal of 100 Embankment to major employees, and XPS will further enhance the thriving business community being created here.”
this has been slow, what’s happening at the Lincoln?
By Anonymous
@anonymous – building will soon be fully let which is a great result for the landlord. The Lincoln also 90% let or under offer. Investors/landlords will target a building to be fully let around 24 months after PC. Rome wasn’t built in a day!
By manchester agent
Still no cafeteria for office workers. Although, British staff eat sandwiches at desk for lunch. What a strange uncivilized habit.
By Anonymous