Manchester investors acquire former Unite the Union building in seven-figure deal
CERT property has acquired the former home of British-Irish trade union Unite in Greater Manchester.
The property and investment company snapped up the 15,000 sq ft office building, located in Salford Quays, for seven figures.
Commercial real estate agency Cushman & Wakefield marketed the site for offers over £1.5m.
Following Manchester-based CERT’s acquisition, the building has been renamed The Junction and undergone a full refurbishment.
Howard Lord, managing director at CERT property, said: “This is an important acquisition for us as it fits perfectly within our strategy to create a new way of flexible working.
“As the working world continues to evolve, we have recognised the growing demand for adaptable and serviced office accommodation and one of main aims for this year is to deliver a number of new office solutions across the north of England.”
He added: “We are already in serious talks with several potential occupiers and are confident that we will be able to announce our first deal in the next few days.”
B1 Real Estate is the site’s sole letting agent.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth