Tech Take-Up Soars To 63% Of Manchester Market

laptop computer technology coding tech

You guessed it. Media, technology and business services firms were the most prolific acquirers of office space in Manchester in the third quarter, taking a mighty 362K SF.

That translates as 75% of total take-up in the three-month period, with media and technology operators alone taking 63% of available space.

The figures, from Colliers International, were boosted by the pre-let of 225K SF to Booking.com, and will surprise no one who has been watching the growth of the Manchester office market.

Other substantial moves included Odeon leasing 26.5K SF at 8 First St., Farm Group pre-letting 22.5K SF at the ABC Building and In-Touch Networks taking 22K SF at 3 Hardman Square.

Colliers predicts that total Manchester office take-up this year will reach a record high of 1.5M SF.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Manchester Newsletters
Related Stories

Center City Office Demand Starts Spilling From Trophy To Class-A Despite Debt Issues

EXCLUSIVE: Georgia-Pacific Scraps Conversion Plans For Its Atlanta HQ

Y'all Street Powers Trophy Office Momentum In Uptown Dallas

Baby Boomers Help Push Atlanta Medical Space Rents Above Traditional Office

U.S. Office Sales Show 31% Year-Over-Year Growth

Burlington Moving HQ To Philly, Buys Office Building For $240M

In Booming Silicon Valley, Architecture Firm Revel Meets Clients Where They Are

Miami Is 'Desperate' For A New Office Tower. It's About To Get 2

Joss Realty CEO, Executives Join Another Company's Real Estate Division

Bluerock Affiliate Acquires Sunnyvale Office Hub For $330.7M

Tishman Misses Payment Deadline On $450M International Square Loan

Investors Turn To Office Retrofits As Rents Rise And Tenants Stay Put