Speculating on Stockport: Muse Greenlight Another 60K SF

Stockport Exchange, near Manchester, developed by Muse/Stockport Council
Courtesy of Muse Developments
Stockport Exchange

Muse and Stockport Council are to develop the next 60K SF office phase of Stockport Exchange speculatively.

A planning application for the latest phase of the £145M scheme has been submittted. The six-storey block will sit next to One Stockport Exchange.

“The next phase of Stockport Exchange is being developed speculatively, although there are a number of enquiries that are already being actively followed up," a statement from Stockport Council said.

The 48K SF One Stockport Exchange was fully let within six months of completion. Recommerce business musicMagpie took one floor as its new U.K. headquarters and national bus operator Stagecoach are now fitting out.

musicMagpie office at Stockport Exchange, near Manchester developer Muse fitout Overbury
Courtsey of Overbury
The musicMagpie HQ following the fitout by Overbury

“We’re now looking to deliver a further office building, which will bring more jobs to the area and add to the vibrancy of this new commercial quarter,” Muse Development Director Wes Erlam said.

The start on site is planned for summer, with completion anticipated in spring 2020.

The scheme will ultimately deliver up to 375K SF of office space and 28K SF of commercial floor space.

Cushman & Wakefield and CBRE are joint agents for the scheme, which is designed by Aedas RHWL.

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

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower