Global marketing agency, gyro, and personal injury claims firm ACH Group Management are the latest firms to sign leases at Exchange Quay in Salford.
The revamped business park, next to the Exchange Quay tram stop off Trafford Road in Salford, has seen a complete turnaround since US-based owners Hunter Real Estate Investment Managers invested £10 million in upgrades over the past two years.
gyro, which has 600 staff working from 14 offices worldwide, has signed a new 10 year lease for 4,021 sq ft offices in Number 8 building.
This continues 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 offices also in Number 8 building.
These latest deals take the total office lettings at Exchange Quay to over 100,000 sq ft in the last year.
American investors Hunter took over Exchange Quay in November 2013.
Since then they’ve invested in upgrading the six office tower blocks to Grade A standard.
An outdoor remodelling also includes adding a new restaurant, a Costa Coffee outlet, a Londis corner shop and a new Post Office.
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Since January Space & Time Media has signed a 10 year lease for 3,156 sq ft in Number 8 at Exchange Quay and 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.
Multinational 3M has also relocated some 120 staff into a 12,500 sq ft suite on the 4th Floor of Number 8 at Exchange Quay.
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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, said “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 agents are Canning O’Neill and Savills.
