Loan company moves into refurbed Portland Street block

LOAN provider Evolution Money has taken 11,676sq ft of office space in central Manchester.

The deal, brokered by DTZ on behalf of London & Scottish Investments, for the third-floor suite follows hot on the heels of the disposal of floors five and six at 9 Portland Street to the Gourmet Food Society and SF Group respectively.

The office block, which underwent refurbishment in 2014, provides 55,000 sq ft of high quality office accommodation specified to a grade A standard and is located a short distance from the heart of Piccadilly.
 
Managing director of Evolution Mat Beaver said: “We are excited about the next phase of development of our growth and we feel the high quality accommodation we have secured at 9 Portland Street will give us the platform to achieve our objectives.”

DTZ office agency director Rob Yates said: “We are delighted to have successfully completed this transaction so soon after the refurbishment of the building has completed.

“It substantiates our view that quality offices in quality locations will succeed. 9 Portland Street is now 56% let and advanced discussions are ongoing with three other parties.

“ The success is testament to the quality of the product created by London & Scottish and their pragmatic can do attitude when interfacing with occupiers.”

DTZ and WHR are the joint letting agents for 9 Portland Street. TFC acted for Evolution Money.

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