Four new companies have snapped up office space in Manchester’s up and coming business district, Salford Exchange Quays.
Altogether, the new set of leases sees 24,000 sq. ft of office space being rented out, with the area already making plans to start work on building a new 100,000 sq. ft office block to be leased out to private health firm Bupa.
Another health company has just signed a contract at Exchange Quays, with GlaxoSmithKline renting out 9,830 square feet of office space for its research and development team, which is moving over from its previous base, the Digital World Centre, also located in Salford.
Other businesses that will be moving into a new office space at this location include Boxchange Associates, which has signed a five-year contract that will see the company occupy 1,400 sq. ft. Wurth Electronics has also signed a lease for the same time period, whereas North West Employers signed a 10-year contract for space on the site.
As well as these four new businesses, two existing tenants have signed new leases for an expanded office space. K2L, a marketing agency, and RPS, an international consultancy have recently put pen to paper to secure new long term deals.
Exchange Quays is currently in the middle of a £10m refurbishment project to upgrade the site’s six office blocks to Grade A specifications, with these plans expected to be completed by autumn this year. As part of this redevelopment, the site even has its own Metrolink tram station for an easy connection to Manchester city centre.