Channel 4 has committed to a major office in Manchester, occupying space in a high-profile development.
- The broadcaster will take 12,293 sq ft at No. 1 St Michael’s, a key component of a £400m development.
- Gary Neville’s Relentless Developments leads the project, marking a significant achievement in Manchester’s property market.
- Pinsent Masons also secured office space in the same building, highlighting its desirability.
- Channel 4’s Manchester expansion reflects its strategic growth across the UK, emphasising regional representation.
Channel 4 is set to establish a significant footprint in Manchester by leasing a substantial office space within the prestigious No. 1 St Michael’s development, an integral part of a £400 million project led by Gary Neville’s company, Relentless Developments. The broadcaster will occupy a 12,293 sq ft area, marking a notable moment in its UK expansion strategy.
The No. 1 St Michael’s building, valued at £150 million, represents the first phase of Neville’s ambitious city centre redevelopment. This project, featuring a future phase with a 41-storey tower, is one of the key developments shaping Manchester’s urban landscape.
Channel 4’s new office space is positioned alongside other prominent tenants, including Pinsent Masons, which secured one and a half floors prior to the building’s official launch in July 2023. Gary Neville expressed satisfaction in concluding office lettings, noting the record-breaking rental achievements made possible by this project.
Alex Mahon, Channel 4’s chief executive, underscored the importance of Manchester as a vital hub for the broadcaster’s regional operations. This move is seen as a continuation of Channel 4’s efforts to increase its representation and operational capacity across the United Kingdom. Mahon stated this initiative as a part of Channel 4’s wider efforts to broaden its influence and operations across different regions.
In the brokerage of this significant deal, Will Lewis from OBI Property represented the developer, while Joe Rigby from CBRE represented Channel 4. Legal counsel was provided by Kuits Solicitors, ensuring the seamless execution of this transaction. This collaboration between notable industry players underscores the strategic importance of Channel 4’s move into Manchester.
Channel 4’s Manchester office is a strategic step in its UK expansion, solidifying its presence in key regional markets.
