Place understands the developer was concerned that a letting to WeWork would not increase the office’s value enough to a future purchaser, particularly compared to a blue-chip occupier. Our Space has pulled out of a deal that was agreed last January to lease a 13,500 sq ft space at Windmill Green, Manchester. The company said it had been unable to secure the necessary finance for its £500,000 project and would be forced to close down if no new investor stepped forward.
Our Space has pulled out of a deal that was agreed last January to lease a 13,500 sq ft space at Windmill Green, Manchester. The company said it had been unable to secure the necessary finance for its £500,000 project and would be forced to close down if no new investor stepped forward.