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.
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.
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.