23rd May 2016
UK’s largest science and technology park operator increases portfolio on Central Campus
Manchester Science Partnerships (MSP) has completed the acquisition of 35,000 sq ft Synergy House, which further increases the portfolio of the Central Manchester Campus establishing it as a leading technology hub for the region.
Acquired from Minton Commercial Properties, the three storey property is already fully occupied by three leading technology companies; Equinix (formerly Telecity), ANS Group and CACI.
Through wider investment, Manchester Science Partnerships, which has five sites across the North West, continues to develop Manchester’s leading position at the forefront of science and technology excellence. MSP’s plans for the future redevelopment of the Central Campus includes Manchester’s first purpose built innovation centre. The 70,000 sq ft No1 MSP Central, due to open early 2017, is just the first step of the ambitious Masterplan for the site.
Thomas Renn, Associate Commercial Director at Manchester Science Partnerships, said:
“Following the recent announcement of MSP’s strong financial results, we continue to grow from strength to strength, in particular at our Central Campus.
“With a huge surge in demand from innovation-led businesses looking to be located in Manchester, the acquisition of Synergy House gives us the much needed space required for our future growth and development.
“The property provides us with 35,000 sq ft of accommodation and critically provides us with full control of all the commercial land on our campus. This is integral to the delivery of our Masterplan, which will see the Central Campus grow to 1 million sq ft of space by 2018.”
Brian Ghatan who led the deal at Addleshaw Goddard said: “This purchase is great news for MSP and is an important step forward in the plans for the central Manchester site. We very much look forward to working with MSP in the future and helping it achieve its ambitions.”
Chris Ward at Colliers International acted as agent for MSP.