The Manchester Office Agents Forum (MOAF) has reported a total take-up of 439,000 sq ft in the Warrington area. There were a total of 102 transactions in 2014, representing a 16 per cent increase on 2013 figures and an overall increase of 11 per cent.
Among notable transactions pushing the numbers up were the lettings to Ombudsman Services at 3300 Daresbury Park, New Balance at Birchwood Point and the nuclear engineering joint venture AMA at Allday House in Birchwood.
Simon Roddam of Warrington property consultancy BE Group and a spokesperson for MOAF, stated recently that 2014 had been expected to be a “modest year” following strong gains in 2013.
He noted that this was not the case and that there were almost 137,000 sq ft of office take-up delivered through three headquarter lettings.
Mr. Roddam went on to say that due to the lack of new office development, there have been more speculative refurbishments of secondary properties over the past 12 months.
New occupiers at Birchwood Park include Hyder Consulting and URS who took a combined total of 33,000 sq ft at 401 Faraday Street. The move coincided with the completion of the building’s £4m refurbishment.
In addition, AMA signed a lease at Allday House in Birchwood following the completion of a refurbishment to the 50,000 sq ft property.
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