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Dan Whelan Credit Suisse Asset Management has lodged plans to overhaul and extend 70 Bridgewater Street in Manchester when its sole tenant Eversheds Sutherland relocates to Two New Bailey.  Place North West revealed in 2019 that the law firm would move into a new 50,000 sq ft office at English Cities Fund’s New Bailey scheme after 20 years at Bridgewater Street, prompting landlord Credit Suisse to plan a refurbishment of the five-storey building. The scheme, designed by OMI Architects, proposes increasing the amount of office space by 30,000 sq ft, from 70,000 sq ft to 100,000 sq ft, thro...

The Subplot | Hot sheds, Preston plan, Manchester offices 26 Jan 2021, 09:00Comments (1) Welcome to  Place North West. This week: a government decision to call in a clutch of North West warehouse planning applications could cost the regional economy more than £1.4bn in deferred economic benefits. Preston’s property future is up for grabs as the Central Lancashire Development Plan is revised. Meanwhile, Manchester’s office take-up figures may be better than you thought. Subplot crunches the numbers. THE £1BN-PLUS COST OF DELAY The fate of five North West logistics schemes, totalling 6....

Dan Whelan BT’s 175,000 sq ft letting at English Cities Fund’s Four New Bailey saw office take-up for the final quarter of 2020 hit 350,000 sq ft, taking the total for the year to 800,000 sq ft, the first time total annual transactions in the city centre have dropped below 1m sq ft since 2013.  The yearly total for a Covid-hit 2020 is significantly lower than that recorded in 2019 when almost 1.5m sq ft of deals were signed.   However, after a strong final quarter, which saw a 280,000 sq ft jump in space transacted compared to Q3, agents were confident Manchester still has the p...