McLaren Construction signs lease with Lothbury at Hardman Street in Manchester


Lothbury Investment Management, on behalf of Lothbury Property Trust, has let the fourth floor at 4 Hardman Street in Manchester to McLaren Construction.

The established construction business has agreed a lease for 1,838 sq ft (171 sq m), having previously been located within the building on a sublease.
 
No4 Hardman Street is located in Spinningfields, which is home to over 165 financial and commercial services organisations as well as luxury fashion brands, restaurants and bars. The transaction to Mclaren comes following welcoming Banyan Bar & Kitchen on the ground floor and Prosperity Law within the offices during 2018. 
 
Mike Toft, senior fund manager and director of Lothbury Investment Management, adds: “This is an excellent letting in a prime location. The rent achieved reflects the continued growth in Manchester’s office market. 4 Hardman Street benefits from smaller office plates than most other office buildings in Spinningfields so provides an excellent entry point for strong tenants who are seeking Grade A office space.”
 
Daniel Barnes, associate director in the office agency team at Savills, says: “4 Hardman Street has received substantial refurbishment since Lothbury’s ownership. The commitment from McLaren and recent new occupiers to the building reflects the quality of space and the close proximity to the fantastic amenities that the area has to offer.”
 
Lothbury was represented by Savills and Colliers International.
 

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