Acting on behalf of Mosley Street Ventures alongside Cushman & Wakefield, CBRE’s Office Agency team in Manchester has disposed of the 6th floor at Two St. Peter’s Square in Manchester City Centre, to professional services specialist Knights PLC.
Two St. Peter’s Square, owned by a real estate fund managed by DWS, is centrally located within the heart of Manchester’s business quarter. The building offers 161,065 sq ft of high quality, BREEAM ‘Excellent’ Grade A office accommodation. Following this transaction, only the 11thfloor remains at 8,925 sq ft, further demonstrating Manchester’s limited Grade A supply and strong occupier demand.
Knights, one of the UK’s fastest growing regional legal and professional services businesses, has taken a 16,272 sq ft letting on the 6th floor of the property as part of the firm’s ongoing growth plans.
Manchester City Council has invested £185M into St. Peter’s Square as part of the transformation and redevelopment of Library Walk, Central Library and Town Hall Extension, a world class component in Manchester’s Civic and business quarter. The Square also acts as a showcasefor some of the country’s finest civic architecture and is a major gateway and transport hub, making it the ideal business location.
Jonathan Cook, Associate Director at CBRE Manchester, said: “We are delighted to confirm a deal with Knights at Two St. Peter’s Square. The property sits in world class public space in the square and is a major gateway and transport hub, making it the ideal location for businesses seeking office accommodation of the very highest standard within the core business community. We’ve already received high interest for the remaining floor of the property, which offers approximately 9,000 sq ft of flexible Grade A office space.”