Savills instructed to market Express Building

Posted on by John Cronin

Agents Savills have received instructions to market the iconic Express Building office scheme in Manchester city centre.

Express BuildingThe striking Express Building (pictured – source) in Great Ancoats Street, Manchester was the former northern headquarters of the Daily Express newspaper and has more recently been used as offices for the troubled publisher Sport Media Group.

The Grade 2 Listed, black glass,  Art Deco building, nicknamed the “Black Lubianka” once housed printing presses but is now a mixed-use development of offices and apartments.

The property was purchased in 2006 for £20m by Washington DC-based A&A Investments. It offers 75,599 sq ft of office accommodation over 7 floors. The interior has recently undergone a refurbishment programme.

Suites within the Express Building are being marketed as part of a scheme known as Express Networks (pdf link). Consisting of 4 adjacent office blocks, including 2 new-build blocks, office suites starting at 250 sq ft are available. Suites within the Express Building are marketed as Express One. Express Two offers 25,500 sq ft of floor space in a separate mixed-use building and Express Three offers 25,000 sq ft within the 2 new-build blocks.

James Evans, director at Savills, comments: “Express Building is a landmark building that occupies a prime position within Manchester’s renowned Northern Quarter. This, combined with the newly refurbished offices that offer high quality, modern and flexible space, makes it a very appealing opportunity for prospective tenants.”

Headline rental prices at the Express Building start at £13.75 / sq ft. Savills are now joint agents with Manchester based Edwards & Co.

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