Catalyst Capital invests £500k in Salford Quays office refurb

Space within a refurbished office building in Salford Quays is being launched to the market by investment firm Catalyst Capital and property advisor Bilfinger GVA.

The top two floors and common areas of Optimum House, a 25,000 sq ft commercial property located on Clippers Quay, have been given a £500k makeover.

Following the refurb, two suites totalling 6,000 sq ft each have been made available for occupation.

The building is already home to Edge Worldwide Consulting and McCafferty Asset Management.

Bilfinger GVA Manchester’s senior director, Christopher Cheap, said: “Optimum House has all the attributes to provide a first class working environment for a variety of businesses.

“The accessibility, amenity and views over the quays are underpinned by a refurbishment which has all the hallmarks of Catalyst Capital’s attention to detail.”

He added: “Salford Quays has seen a resurgence in recent years as occupiers understand the economic and logistical benefits the destination provides over central Manchester.”

European real estate investment and asset management firm Catalyst Capital already has a foothold within the Manchester office market, having refurbished Ship Canal House on King Street and 26 Cross Street.

Additionally, a refurb project underway at Arkwright House in Parsonage Gardens is due for completion in 2017.

Sarah Cooper, portfolio manager at Catalyst Capital, commented: “Optimum House has provided a great opportunity to reposition the property within the local market to provide excellent quality offices within Salford Quays at an attractive rent with easy access to both the city centre and MediaCity.”