According to real estate advisors Colliers International, Manchester city centre has the largest pipeline of Grade A office stock since the recession of 2008.
The total amount of such space being built and due for completion by 2019 totals 733,000 sg ft across six developments.
This includes 2 St Peter’s Square, 1 Spinningfields, 8 First Street, 125 Deansgate (Lincoln House), Hanover NOMA and Landmark, the former Odeon cinema site – with 146,000 sg ft already let, leaving 586,466 sg ft available.
This volume of development is a clear indicator of business confidence in the city.
Peter Gallagher, one of the directors of Colliers International, said: “ Manchester has always prided itself on having a ready supply of good quality ready to occupy offices available, which has enabled us to compete effectively for large footloose enquiries.”You can read the full article here