Evolution Money, has taken 11,676 sq ft of office space at 9 Portland Street in Manchester city centre, DTZ has announced today.
DTZ acted on behalf of London & Scottish Investments in the deal which has seen the rapidly expanding loan provider take the entire third floor of the Grade II listed period building.
The news follows hot on the heels of the letting of the fifth and sixth floors to the Gourmet Food Society and recruitment firm SF Group respectively.
Discussing the move Mat Beaver, Managing Director at Evoltion, said: “We are excited about the next phase of development of our growth and we feel the high quality accommodation we have secured at 9 Portland Street will give us the platform to achieve our objectives.”
9 Portland Street, where rents are listed at £13.50 per sq ft, provides 55,000 sq ft of Grade A office space in the heart of the city centre. The property underwent an extensive refurbishment at the end of last year.
Portland Street is well served by public transport, being in close proximity to Piccadilly Gardens Bus and Metrolink Station and a just short walk from Piccadilly Train Station.
Rob Yates, Office Agency Director at DTZ, commented: “We are delighted to have successfully completed this transaction so soon after the refurbishment of the building has completed. It illustrates our view that quality offices in quality locations will succeed.
“9 Portland Street is now 56 per cent let and advanced discussions are ongoing with three other parties. The success is testament to the quality of the product created by London & Scottish and their pragmatic can do attitude when interfacing with occupiers.”
DTZ and WHR are joint letting agents for 9 Portland Street. TFC acted for Evolution Money.
