Double deal at Piccadilly Place
Property Alliance Group has let 15,000 sq ft at Manchester’s Piccadilly Place in two transactions, with insurance firm Lockton and luxury travel group Scenic taking space.
Lockton has moved into 7,000 sq ft at Three Piccadilly Place, having agreed a 10-year lease. Cruises and tours company Scenic has taken 8,068 sq ft on the first floor at Four Piccadilly Place, also agreeing terms for 10 years, relocating its 80-strong team from 111 Piccadilly.
CBRE acted for Lockton, which worked with TSK on its move. OBI acted for Scenic on its acquisition and also designed and project managed the fit-out of the space.
Colin Downing, managing director UK at Scenic Group, said: “With major market positions in Australia, Canada, the United States and the UK, plus a network of general sales agents in some 40 countries worldwide, it is very important that our office space reflects and enhances our corporate brand and the luxury holidays we offer.
“We couldn’t ask for a better location than Four Piccadilly Place and the fantastic interior design by OBI has brought our brand to life in our work space like never before.”
Three and Four Piccadilly Place offer 320,000 sq ft of office space. Since acquiring the offices, PAG has invested in the outdoor space at the site, introducing a display of art comprising five oversized lamps reflecting various eras and centuries of innovation in Manchester.
Rob Peill, head of offices at PAG, said: “Piccadilly Place has undergone huge change following recent investment and refurbishment. Office and retail tenants are choosing the development in favour of other city centre locations as it offers much higher quality space, and facilities as well impressive outdoor space which is attracting more and more people to the site.”
Not sure about the “impressive outdoor space” comment, most of us walk straight through and on to the shops.
By Anonymous
More good news for Manchester. The office market is absolutely booming.
By Derek
Who acted for the Landlord!
By Morse