Case Studies
SALE OF ELEVATOR STUDIOS, BALTIC TRIANGLE

Sale of this iconic building on behalf of Tim and Paul Speed (former members of 1980’s band The River City People !!). Elevator Studios was the first significant development within the Baltic Triangle area and was, arguably, the catalyst for the Baltic area becoming the main hub for creative business in Liverpool. This was the first time that a building in the Baltic area had been sold on the investment market.

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SALE OF EXCHANGE FLAGS TWICE (PLUS LETTINGS)

Since our formation, we have worked with three different owners of Exchange Flags. We were initially instructed by Hudson Advisors on behalf of administrators (for UK Land) before acting as joint agents on the sale to Shelborn in 2017 and again acting for Shelborn with Knight Frank on the sale to Ashtrom in 2019 for £68m.

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20 CHAPEL STREET

Letting of landmark 155,000 sq. ft. Grade A office building in Liverpool City Centre.
Initially, we worked with the original developers and sold the building off-market in 2016 to British Airways Pension Fund in a joint venture with Canmoor Asset Management. We then worked with BA/Canmoor until the building was sold again in April 2020 and are now retained by the new owners, Square Ape.

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INDIA BUILDINGS: LETTING TO HMRC

Letting of circa 270,000 sq. ft. at India Buildings, Liverpool on a 25-year lease to the UK Government (HMRC).
In 2018, the deal represented the largest office letting in the North West for over 15 years and the largest letting in Liverpool for a generation (possibly ever!).

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ONWARD: ACQUISITION OF NEW OFFICE & SALE OF FORMER HQ

Acquisition of new 20,000 sq. ft. HQ for Onward (one of the North West’s largest RSL’s) at The Watson Building and sale of former HQ on Hanover Street for £3.7million.

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SONY: ACQUISITION OF ECHO PLACE

Pre-letting of 65,000 sq. ft. of office space to Sony Interactive Entertainment Europe (SIEE) at the new Echo Place development on Old Hall Street, Liverpool.
This was the largest office letting in Liverpool in 2019 and it is the largest private sector letting in Liverpool for 10 years.

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Latest News
Downing relocates in Liverpool after office sale

Videogame developer Ripstone has bought the property firm’s old office on Myrtle Street, prompting the move to a larger site within its portfolio after 18 years.  Downing has relocated into a 9,700 sq ft on the fifth and sixth floors of the 67,000 sq ft No1 Old Hall Street, a building it owns.  Worthington Owen advised […]

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