Spinningfields Again

If any deal personified the strength of the city centre, then it is likely to be DWF Solicitors taking 7,710 sq.metres (82,995 sq.ft.) through Canning O’Neill in 1 Scott Place, Spinningfields. The law firm has taken the assignment from Guardian Media Group (GMG) while it, as part of the package of incentives, took DWF’s existing lease on the smaller Centurion House, Deansgate. GMC were advised by GVA Grimley. Conrad O’Neill commented: “We looked at a number of buildings (bothexisting and pre let opportunities) in some detail but 1 Scott Place clearly stood out as the favoured location due to a prestigious address and location, large floor plates and sufficient space to accommodate the firm’s forecast growth.” He added that the rent was “at a sensible market level, meaning that occupation costs are controlled.” He had taken the long view that “the availability of large chunks of Grade A space with large floor plates in good locations is drying up and if DWF did not move now, they would be faced with little option but to go down the pre let route, which means having to wait 2-3 years for the space to be ready and having to pay a much higher rent.”

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