40 Spring Gardens fully let following deal with Aldermore Bank
06 March 2019The Grade A office building 40 Spring Gardens is now fully let following the expansion across the first and second floors by Aldermore Bank (20,000 sq ft) on a ten year lease.
OBI represented the landlords Impax Asset Management, as sole leasing agents for the Grade A office building, which has been owned by them since 2010. Impax has now completed its business plan signing four new office leases and two new retail and leisure leases since acquiring the building.
The 100,000 sq ft building features an impressive atrium was completed in 2007 and is also home to Lloyds Bank and Aon.
Will Lewis, co-founder of OBI said: “When we met Impax to discuss the agency role, we took time to understand the vision and business plan for the 40 Spring Gardens. We have enjoyed working closely with the fund managers and since our involvement we have been successful in letting the final three vacant floors in the building. I’m really pleased that we made a noticeable difference since being appointed as sole agents on the building last year.”
Related articles
OBI Property completes major refurbishment project on Quay Street
11 September 2024OBI Property has announced the completion of a much-anticipated 64,340 sq ft, £9m project for Urbana Partners. Situated at the entrance to Spinningfields, Enterprise City, and St Johns, the property at 17 Quay Street has been rebranded as Quoin. The building offers prime grade A office space, along with over 7,000 sq ft of new […]
Manchester relocation for Crowe UK – OBI provided consultancy services on the move
10 September 2024Audit, tax, accounting, and consulting firm Crowe UK has moved its Manchester office. The company has operated in the city for nearly 30 years. The Manchester team, previously based at The Lexicon on Mount Street, has seen steady growth in recent years, now employing over 100 people. The new office, situated on Peter Street, […]
OBI act on largest letting in the city for two years
10 September 2024Global computing firm, Arm, to occupy three floors of Gary Neville’s £400m development. OBI represented Arm on the largest letting to-date at the £400m St Michael’s development – the largest in the city in two years – with Arm set to occupy 68,860 sq ft of space across floors three, four and five at No.1 […]