Exchange Quay deals top 100,000 sqft in 12 months

Global marketing agency, gyro, and personal injury claims firm ACH Group Management are the latest occupiers to sign leases at Hunter Real Estate Investment Managers’ new-look 433,637 sq ft Exchange Quay office development in Salford Quays.

gyro, which has circa 600 staff working from 14 offices worldwide, has signed a new 10 year lease for 4,021 sq ft in Number 8, continuing on from a 20 year tenancy at the development. ACH Group Management, which includes Accident Claims Helpline, has agreed a five year lease for 3,144 sq ft also in Number 8.

The latest deals take the total lettings to over 100,000 sq ft in the last year at Hunter’s Exchange Quay development which has undergone a £10M investment programme to upgrade the six office buildings to Grade A specification, in addition to extensive remodelling of the public realm and the introduction of many occupier facilities including a Costa Coffee outlet and Londis Retail Shop which are managed by award-winning site services partner, Elior.

Since the start of this year, Space & Time Media has signed a 10 year lease for 3,156 sq ft in Number 8 at Exchange Quay, insurance firm 1st Central has signed a 10 year lease on 10,838 sq ft of offices on the 6th floor of Number 1 at Exchange Quay and American multinational conglomerate corporation, 3M, has relocated some 120 staff into a 12,500 sq ft suite on the 4th Floor of Number 8 at Exchange Quay.

Jeremy Birkett-Jones, investment director at Hunter, said; “Exchange Quay has been given a whole new lease of life and it is fantastic to walk around the development and see how thriving it has become with our occupiers making full use of the new amenity offering. We are pleased to accommodate gyro and ACH Group Management at Exchange Quay as the lettings momentum shows no signs of slowing.”

Andrew Cooke, office agency surveyor at Savills, continues; ”Both occupiers were seeking quality, well-located space within a great environment for their staff and Exchange Quay matched their requirements. The investment into the development has proven incredibly successful in attracting and retaining occupiers and we are looking forward to welcoming more tenants in due course.”

Shaz Sulaman at ACH Group Management added; “Our new, larger offices at Exchange Quay will enable us to expand in line with our long-term growth plans for the business. The location and modern office space at Exchange Quay works well for us and it is a great environment for our staff.”

Exchange Quay’s six office buildings range from 26,151 sq ft to 116,684 sq ft. The development, which also boasts its own dedicated Metrolink tram stop, is strategically located just off Trafford Road which links Salford Quays to both Manchester City Centre and the major motorway networks via the M602.

Exchange Quay agents are Canning O’Neill and Savills.