Blue Coast Capital acquires Hyphen office building
Hyphen, the Grade A office scheme in Manchester city centre, has been acquired by Blue Coast Capital.
Hyphen on 75 Mosley Street has been fully refurbished and extended with a strong ESG focus.
The all-electric building is arranged over basement, ground and seven upper floors totalling 63,129 sq ft. It provides high quality sustainable workspaces, with a significant proportion of the building available on a ‘plug and play’ approach, while also offering access to communal roof space, a premium coffee shop and lifestyle gym.
Scott Gemmell at OBI, said: “We’re delighted to have advised Blue Coast Capital on the acquisition of this fantastic sustainable workspace building. The city centre office market has proven to be extremely resilient with excellent fundamentals. Hyphen offered the opportunity to acquire a fully repositioned, amenity rich office asset in a prime micro-location. We look forward to assisting in taking the building up to full occupancy, benefitting from the continued strength of the underlying Manchester occupational market.”
OBI advised Blue Coast Capital on the transaction as part of its multi-disciplinary services.
Robert Cannock at Aurum RE advised the vendor, Boultbee Brooks.