Catella APAM (“APAM”), the specialist UK & Ireland real estate asset manager, advised jointly by Savills, has agreed three new leases at 60 Spring Gardens in Manchester city centre. Totalling a combined 16,000 sq ft, the new lettings mean that the asset is now fully let.
Gamesys, an online software development and gaming business, completed the letting of the 5,600 sq ft first floor in early 2022 and has now completed an additional lease of the second floor, taking their total occupation to 11,278 sq ft.
Berkshire Hathaway, the multinational conglomerate holding company owed by Warren Buffet, will occupy the third floor comprising 5,580 sq ft with the LCM Family, the family financial planning experts, taking 5,000 sq ft on the fourth floor. Both suites have been delivered to a plug and play specification.
Located within Manchester’s original central business district, 60 Spring Gardens is situated in close proximity to King Street with its array of local amenities. Six by Nico and Black Sheep Coffee are based on the ground floor of the building, with other nearby operators including Rosso, King Street Townhouse and Hotel Gotham.
Andrew Day, Senior Asset Manager at APAM, said: “60 Spring Gardens is in an excellent location, readily accessible to transport and the fantastic Manchester leisure and F&B offering.
“Our significant investment in the building, to offer best in class office provision, reflects the continuing demand for good value, high quality accommodation which is complemented by a strong amenity offering and ESG strategy. It also typifies the ongoing investment we make into our assets throughout the portfolio.”
Savills and CBRE acted for APAM. JLL acted on behalf of Gamesys.
Daniel Barnes, Director in the office agency team at Savills Manchester, comments: “60 Spring Gardens offers boutique, high quality office space and it is therefore no surprise that Gamesys took additional space. It is also great to welcome our new tenants to the attractive office space in an excellent location. The proved hugely popular with tenants and we are delighted that it is now fully let.”