Anchorage 2 is 114,115 square feet while the sister building is 37,754 square feet.
July 7, 2021, 10:17 a.m.
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The Bahrain-based investment manager bought Anchorage 1 and 2 for an undisclosed amount after the buildings were sold for £ 40 million in 2020.
HIG Capital and Canmoor have hired Knight Frank to sell the two office buildings, both of which have been extensively refurbished. Anchorage 2 is fully let, while Anchorage 1 still has 28,000 m² of office space available. Citale is the asset manager tasked with finding tenants.
“Anchorage offers flexible, high-quality office space and world-class amenities at competitive rents in the dynamic media and technology market in Salford Quays,” said Rebecca Farnsworth, Investment Director, Citivale.
“We have already completed an expansion with the existing tenant Campfire and are looking forward to marketing the remaining space, where the strong interest has encouraged us.”
While the exact selling price for the buildings is under wraps, it is believed to have been around £ 38 million.
Matt Stretton, a partner at Knight Frank, admitted that selling an office building had its challenges during the lockdown.
“We had to use every experience to show how the tenants will occupy the building after the lockdown and the rental prospects for the vacant apartments,” he said.
Of the two buildings, Anchorage 1 is the smaller one at 37,754 sq ft. Anchorage 2 is 114,115 sq ft.