Hunter Property Fund Management (HPFM) has appointed a trio of agents to market its newly acquired 433,637 sq ft of office accommodation at Exchange Quay in Salford Quays.
Matthews & Goodman has been newly instructed alongside existing agents Canning O’Neill and Savills who have been retained. Additionally, HPFM has confirmed the appointment of Cushman & Wakefield as managing agent to deploy a full site team and ensure smooth on-site operations and tenant communications.
Acting on behalf of Exchange Quay’s North American purchaser, HPFM recently announced its plans to plough £10M into significantly upgrading the six extensive office buildings with full plans set to be unveiled in the New Year.
Mark Hunter, managing director of Hunter Property Fund Management, said; “We are strongly committed to making Exchange Quay Greater Manchester’s best office development and it was crucial to ensure that as well as appointing the right managing agent to look after our valued tenants, we have the right agency team to re-launch the scheme to the marketplace. All three firms have extensive regional market knowledge and the existing agents bring superb historic knowledge into the mix.
“Our entire project team is working hard on the first phase of our plans and in early 2014 we will be able to showcase our designs. It is an exciting time and we are confident that we have the right team to represent this important development.”
Mark Canning, director of Canning O’Neil, has worked on Exchange Quay for almost 20 years and comments; “Exchange Quay started life as one of the North West’s flagship schemes and this new investment will enable it to resume that mantle. All the key components of location, connectivity and flexibility to accommodate a broad range of occupiers are there and the superb new quality offices and facilities will be the final tick in the box. The whole of Media City has taken on a life of its own and Exchange Quay will now be able to lead from the front and deliver occupiers the full package.”
Fiona Hobson, partner at Cushman & Wakefield, added; “We are delighted to be appointed as the managing agent for Exchange Quay. As the largest management contract to have been awarded in Greater Manchester this year, this is a very significant instruction for us – not only for the Manchester office but for Cushman & Wakefield as a whole.”