Towergate ‘under offer’ at Hardman Square
TOWERGATE Insurance is understood to have taken a step closer to agreeing a large office deal in Manchester city centre.
At a JLL market briefing yesterday Chris Mulcahy, who heads the firm’s office agency in the city, said the broker was now under offer on 36,000 sq ft at 3 Hardman Square.
Payment systems firm WorldPay, which has 22,000 sq ft at the building, is also taking more space – 11,000 sq ft, or half a floor.
Mr Mulcahy told an audience of 300 at the Lowry Hotel that he understood Towergate had settled on Manchester after looking at premises in Leeds and Glasgow.
It represents another significant inward move following Trader Media’s decision to take 60,000 sq ft at First Street and move staff from offices in Salford, Warrington town centre, Chester and Newton-le-Willows. Ford’s motor credit arm is said to be close to taking the same amount of space in the building.
Towergate has its head office in Maidstone, Kent, and its Risk Solutions division opened an office in Heaton Mersey, Stockport in 2010.
Its agent is Trilogie CRE and CBRE handles 3 Hardman Square which is owned by Credit Suisse Asset Management. There was no comment from the agencies, Towergate, and Worldpay.
