South Manchester Also Improves

South Manchester Business Park market has echoed the city centre and returned to a healthier tempo. The first nine months of the year saw deals of 38,423 sq.m. (413,648 sq.ft.) which is close to the figures for the whole of 2009.

Stockport has been enjoying this new positive perspective with a range of lettings. For example, Orbit’s Beckwith House has three new office tenants, continuing the process of filling up the refurbished building in the centre of the town.

Zoe Kirk of Orbit said: “The building offers high quality accommodation on a town centre location.” Orbit, which is part of the Emerson Group, has a portfolio of over 743,200 sq.m. (8 million sq.ft.). Also in Stockport, the national training provider, Synapse, has leased a wing of Langtree’s Kingsgate building, a 7 storey refurbished property. The excellent transport connections of Stockport played a prominent part in the decision by Synapse to locate there.

In comparison with south Manchester which has had rough periods in the past few years, Trafford Park remains high in the popularity stakes. We see that with the success of SEGRO which has two lettings there, one being to a new arrival. One of SEGRO’s largest customers, with a substantial amount of space, is AKW Group which has now leased an extra 7,308 sq.m. (78,666 sq.ft.) in two units at Wharfside. Tony Worthington of AKW, which is a storage and warehousing group, said: “The SEGRO team provided a quick and effective solution that has given us the flexibility to acquire additional space which is close to our existing site.”

The new occupier on the park is AMC Auctioneers who have taken the 3,328 sq.m. (35,817 sq.ft.) Unit A, Redwing.

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