Posted 31 October, 2012 OBI NEWS
Futureworks, a private media training college, has signed up for a move which is now the largest letting in Manchester city centre so far this year.
The deal will see Futureworks relocate from its site on Mosley Street to Bruntwood’s Riverside development on New Bailey Street. OBI Property acts as leasing agents to Bruntwood on the Riverside office complex.
Futureworks will occupy 24,000 sq ft at Riverside which is now 80 per cent let after undergoing a £5m refurbishment that included new reception areas, landscaping and an upgrade to its office space. In May, OBI Property advised MoneyPlus Group in taking 21,500 sq ft at Riverside, the largest deal of 2012 at the time.
Futureworks opened in December 2006 offering vocational and degree courses in subjects including audio, film and TV production and computer games programming.
Chris Mayo, managing director of Futureworks, said: “The accommodation at Riverside provides Futureworks with the ideal platform to take the business to the next level and marks a significant step in our growth. We have exciting plans to further expand the business and working with a property owner such as Bruntwood provides the perfect partner to accommodate our future growth. Riverside offers a stunning base for our staff and students.”
Andrew Butterworth, sales director of Bruntwood, said: “Attracting such a significant occupier as Futureworks is very positive news for Riverside. We are delighted to provide a property solution that meets the needs of Futureworks and caters for their future expansion. Occupiers have really appreciated the refurbishment works we have undertaken and take-up of space has been extremely positive with 17 new tenants already committing to taking space in the revitalised office scheme.”
Will Lewis of OBI added “Riverside has been the success story of 2012 in the Manchester office market and we are in dialogue with an occupier to take the remaining space at the scheme.”
DTZ represented Futureworks.
Letting agents are OBI Property, Lambert Smith Hampton and Jones Lang LaSalle.