Property briefs: New Balance; Harrison Drury; 1 Henry Square
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TRAINER maker New Balance has completed the fit-out at its new Warrington HQ.
In June the US-based firm agreed a 10-year lease at Appleton House at Birchwood Point Business Park, taking on all of the 30,600 sq ft building which was previously occupied by the Environment Agency.
The company is merging an office at Firecrest Court, at Center Park, Warrington and one in Wilmslow to create a new European headquarters.
New Balance was advised by commercial agent CBRE in Manchester. Oliver Thomas, director of building consultancy, said: “This was a fantastic project for us to provide full design team services, delivering a bespoke workplace solution to a high specification within tight timescales and budget. The success of this project was always going to be judged on the wow factor created and I believe that the CBRE design team and the contractor have delivered this in abundance. There is something quirky and different around each corner.”
THE 49,000 sq ft 1 Henry Square in Ashton-under-Lyne has been sold from an asking price of £6.3m.
The sale was handled by agents Eddisons and JLL on behalf of administrators Moorfields Corporate Recovery.
Pennine Care NHS Foundation Trust is one if three tenants and occupies two thirds of the building which generates £570,000 a year in rent.
James Cole of Eddisons said: “We are delighted to have concluded this deal and achieved close to the asking price on behalf of our client. There was plenty of interest from a range of potential buyers which reflects the demand for good quality commercial investment stock in the North West.”
COMMERCIAL law firm Harrison Drury has expanded its Preston headquarters after securing additional office space close to its existing premises in Winckley Square.
The firm has leased two floors at nearby 31 Winckley Square which will accommodate its family law and private client departments.
Managing director John Chesworth said: “We’ve experienced significant organic growth in the two and half years since we moved our Preston operations to Winckley Square. In particular, our dispute resolution team has expanded considerably recruiting five new staff in the last six months, including three fee-earners. We’ve also seen more demand for our other services, including our fixed-fee legal service for businesses.
“Strengthening the expertise available in our four regional offices is central to our objective of making it possible for our clients to achieve their business and personal goals. It’s great to be able to secure additional high-quality office space so close to our existing building to accommodate our growing team.”
Harrison Drury has 53 staff across offices in Preston, Lancaster, Garstang and Kendal.