Boulton House sold

MANCHESTER office building Boulton House has been sold to F&C Reit Asset management.

The 96,000 sq ft building, arranged over ground and eight upper floors, was bought as part of a portfolio of assets.

Daniel Plummer of F&C Reit said: “We are very pleased to complete the purchase of Boulton House.

“We recognise Manchester’s attraction for inward investors and continuing base for existing businesses resulting in a strong performing occupational market. We have purchased a good quality building that offers modern, flexible and efficient space close to the city centre’s main public transport interchange at Piccadilly.”

Jones Lang LaSalle and CBRE have been appointed as joint letting agents.
Greg Ball, associate director at Jones Lang LaSalle, said: “We are delighted to be appointed on this building as our client is prepared to actively manage this asset and will therefore take a competitive approach on quoting rentals and offer flexibility as we intend to subdivide one floor into small suites.

“We will be able to offer suites from 750 sq ft to whole floors of circa 10,000 sq ft. Furthermore, my client will be prepared to offer flexible lease lengths to cater for both SMEs and larger firms.”