Ask Property Developments, advised by Savills and CBRE, has let space at Number One First Street in Manchester City Centre to Jacobs, one of the world's largest and most diverse providers of technical, professional, and construction services. Jacobs entered into a new 10 year lease agreement to take 23,526 sq ft, and plans to take occupation to fit out in early 2014.
Jamie Hills, Development Executive at Ask, comments: "Jacobs will arrive at First Street at a very exciting time as we have commenced construction of First Street North. They will be part of a new, exciting and vibrant mixed-use environment, anchored by HOME, the new venue for the merged Manchester arts organisations, Cornerhouse and Library Theatre Company. The development also comprises a four star Media hotel, 700 space multi-storey car park, 9 new restaurant/café units, students accommodation and a new public square. When completed, the complex will total one million square feet of offices, leisure, retail and residential."
Patrick Joynson, head of Savills Manchester, adds: "This is a very significant letting for Number One First Street, which has only recently been vacated by Manchester City Council. It is great to see a traditional South Manchester occupier recognise the importance of the excellent public transport facilities available at First Street. Tenants are able to tap into a staggering labour pool of six million people within a one hour door-to-door commute. Add to this the new onsite amenities and a rent that is a substantial discount to prime city centre spots, and it's easy to appreciate why companies are finding First Street so compelling."
Now Manchester City Council has vacated the building, Number One First Street has 135,000 sq ft of Grade A BREEAM Excellent office space available.