Urban Splash rides the crest of the October wave, with more than 9,000 sq ft of new deals
Award winning regeneration company Urban Splash has announced 9,000 sq ft of new deals in October, including a transaction that will bring iconic surf brand Rip Curl into its portfolio.
Kathmandu, part of the iconic Rip Curl portfolio, has confirmed it will move into a 1,401 sq ft unit at the Boat Shed in Salford Quays, space which will be used for a new showroom. A second deal at the Boat Shed also sees Ascent Global Shipping move into the building on a deal on 415 sq ft of space.
The announcements dovetail with the news that Manchester-based surveyor Edwards & Co has been appointed at Boat Shed, joining incumbent agent Canning O’Neill to market the riverside building’s remaining space. Speaking of the news, Oliver Woodall of Edwards & Co said: “We’ve had the pleasure of working with Urban Splash on many projects over the years and are delighted to add Boat Shed to our relationship.
“The building is a fine example of what modern occupiers want, with refurbished, well-designed offices, supplemented by collaboration areas, gardens and riverside views. We’re excited to move forward in securing deals on the remaining spaces here, working alongside the stellar team of Urban Splash and Canning O’Neill as we find more great brands to join the unique commercial ecosystem in this part of Salford.”
In a busy October, Urban Splash has also announced a further 7,000 sq ft of deals including in Liverpool, where MHR Dental has completed a deal on 2,313 sq ft of space, while existing customer One Agency has completed a renewal deal on its 1,842 sq ft workspace at Schoolhouse in Trafford Park. Further renewals on 2,416 sq ft of space were completed at Royal William Yard in Plymouth; Urban Splash commercial lettings manager Niall Ingham explained: “These lettings are testament to the appetite for well-designed spaces that are available on flexible terms and meet the need of modern occupiers.
“We’re thrilled to complete each of the deals, welcoming a range of businesses into our Urban Splash portfolio; from start-ups, to international brands like Rip Curl, to extending our relationship with longstanding, existing customers who continue to call Urban Splash buildings their home.”
Urban Splash has seen strong activity in its commercial portfolio this year, completing 18.000 sq ft of deals in Q3 before adding these new deals in October. The news comes following a busy period for Urban Splash – a time in which it has celebrated its 30th anniversary, formed two new joint venture partnerships with fellow-Manchester developer Glenbrook, and Grosvenor, and been announced as preferred bidder on the Cole Brothers building in Sheffield.
Its pipeline for 2024 and beyond includes a further phase at Park Hill in Sheffield, Campbell Park Northside in Milton Keynes – its first South East scheme – and new homes and workspaces in Swansea, Windermere and Manchester. Urban Splash is also onsite at Port Loop in Birmingham creating a new phase of homes.