Quay Street building bought by regeneration firm
Regeneration specialist Capital&Centric has acquired a 22,000sq ft office building in Manchester city centre in an off-market deal from a private individual, reflecting a net initial yield of 5.75%.
The building, number 15 Quay Street, is partially let to Jelf Insurance and Uniregistry, a web services provider. Only one floor of 3,949 sq ft remains vacant.
Tim Heatley of Capital&Centric said: “As a regeneration focused developer this isn’t the sort of opportunity that you’d usually associate with Capital&Centri... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...