Home Manchester Tenants Commit To Salford’s Exchange Quay With Long Term Leases

Tenants Commit To Salford’s Exchange Quay With Long Term Leases

Exchange Quay

Exchange Quay, the 435,000 sq ft office development in Salford Quays, has agreed two new deals with existing occupiers Chase De Vere and Philips & Cohen Associates for a combined 15 years.

Leading financial services advisors Chase De Vere have re-geared their tenancy for another 10 years as part of their ongoing expansion plans and Philips & Cohen Associates, specialised engagement services company and deceased account management market pioneers, have confirmed for another 5 years.

One of the largest office developments in the North West, Exchange Quay is the place of work for 3,000 people working from the six buildings within the acclaimed riverside development. Acting on behalf of the development’s owner, Ekistics continues to invest in the office building following an initial £10m investment implemented by Hunter.

26,000 sq ft of newly refurbished offices and a café lounge bar have also been unveiled this year at the development. The ICE concept has been launched as part of the owner’s next steps to enhance the existing offer for tenants to create a cohesive and collaborative community.

Exchange Quay lies at the gateway to Salford Quays/Media City, approximately 1.5 miles to the southwest of Manchester City Centre. It boasts its own dedicated Metrolink tram stop and is strategically located just off Trafford Road which links Salford Quays to both Manchester City Centre and the major motorway networks via the M602

Rune Randrup-Thomsen, Director, Ekistics Property Advisors commented:
“We are delighted to secure long term leases for two of our valued tenants. Our continued investment in Exchange Quay to enhance the quality of our office space, as well as create attractive on-site facilities and amenities, is pivotal in retaining both our existing tenants and attracting new occupiers to our evolving development.”

Nick Cherry, COO, Phillips & Cohen Associates commented;
“EQ provides an outstanding base for our business and the combination of excellent facilities and strong transport links continues to help us attract talent from the region to fuel our growth. We are delighted to have renewed our lease through to 2024 and also taken on an additional 4,200 sq ft as we continue to expand both domestically and internationally.”