Back to News
2 July 2010
Joint venture partners Countryside Properties and Liberty Property Trust have signed Optegra UK Ltd to One Didsbury Point, South Manchester.
The leading ophthalmic specialist, which is in the process of rolling out a nationwide network of specialised treatment centres, has taken the ground floor of One Didsbury Point, comprising 13,450 sq ft on a 15-year lease at £18 per sq ft.
This latest letting follows on from ETDE’s decision to take the top floor of the four-storey office building on a 10-year lease at the end of last year.
Andrew Carrington, Director at Countryside Properties, commented: “To have secured the letting of two floors to high-calibre tenants, in what has been a challenging market, emphasises the quality of the building and location. We have worked hand-in-hand with Optegra to ensure the space met their specific requirements and are now focused on working pro-actively with other potential occupiers to successfully secure further lettings.”
David Porter, partner and head of north west commercial, Knight Frank concluded: “Optegra UK is an impressive name for the building and underlines the flexible approach that the developer has shown to working alongside occupiers to provide tailored property solutions. Now with strong indications of the market stabilising, we are seeing a significant increase in enquiries for the remaining space.”
With both deals complete, the first and second floors remain available offering office space of between 4,000 and 27,000 sq ft. One Didsbury Point is a prominent four storey office building providing 55,130 sq ft overall, located in a highly accessible location fronting the A5103 Princess Road, South Manchester.
Knight Frank and P3 acted on behalf of the developer. Hurst Warne represented Optegra UK Ltd.
Ends
Notes
Liberty Property Trust is America's second-largest publicly traded office and industrial REIT with extensive pioneering real estate experience. The Company is an industry leader in sustainable design development serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office, high-tech and industrial properties. Liberty Property Trust (NYSE:LRY) is a $6.6 billion real estate investment trust (as of March 31, 2010) which owns 78 million square feet of office and industrial space in over 20 markets throughout the United States and the United Kingdom.
Back to News
Information correct as at 02/07/2010