MediaCityUK is one of the most vibrant and dynamic commercial real estate markets in the UK. Located on the banks of the Manchester Ship Canal, MediaCityUK is home to some of the world’s leading media and technology companies, such as the BBC, ITV, Ericsson, and Kellogg’s. It also boasts a range of amenities, including hotels, restaurants, bars, shops, cinemas, and cultural venues.
If you are looking for a prime office space in MediaCityUK, you will find a variety of options to suit your needs and budget. Whether you want a modern and flexible workspace, a prestigious and iconic building, or a creative and collaborative environment, MediaCityUK has it all. You can also benefit from the excellent transport links, the high-quality broadband infrastructure, and the supportive business community that MediaCityUK offers.
The commercial real estate market in MediaCityUK is expected to remain resilient and attractive in 2023, despite the challenging economic conditions and the rising interest rates. According to Cushman & Wakefield1, the office take-up in Manchester was 716,962 sq ft in Q2 2023, with MediaCityUK accounting for 15% of that figure. The demand for Grade A office space in MediaCityUK was particularly strong, as occupiers sought to secure the best locations and facilities. The average prime office rent in Manchester was £37.50 per sq ft per annum in Q2 2023, which is still competitive compared to other major UK cities.
MediaCityUK is also set to expand its commercial real estate portfolio in the near future, with several new developments underway or planned. For instance, the Tomorrow building, which will provide 50,000 sq ft of Grade A office space and 112 apartments, is due to complete in Q4 2023. The Lightbox building, which will offer 238 luxury apartments and 20,000 sq ft of ground floor retail space, is expected to finish in Q1 2024. The White Tower building, which will deliver 125,000 sq ft of Grade A office space and a rooftop restaurant, is scheduled to start construction in Q2 2024.
As a realtor in Manchester area, I can help you find the perfect commercial property in MediaCityUK for your business. I have extensive knowledge and experience of the local market, and I can provide you with professional advice and guidance throughout the process. Whether you are looking to buy or lease an office space in MediaCityUK, I can assist you with finding the best deal and negotiating the best terms. I can also help you with other aspects of your commercial property transaction, such as valuation, due diligence, legal matters, and financing.
If you are interested in exploring the commercial real estate opportunities in MediaCityUK, please contact me today. I would love to hear from you and discuss your requirements and preferences. I can also arrange a viewing of some of the available properties in MediaCityUK that match your criteria. Don’t miss this chance to be part of one of the most exciting and innovative commercial real estate markets in the UK.