A colourful office complex in Manchester, which had been up for sale for almost £55m, has been taken off the market.
BusinessLive reported last March that Universal Square had been put up for sale by its owner, MCR Property, who had been seeking offers in excess of £54.68m.
However, it has now been confirmed that the owner is to retain the complex and it is no longer for sale.
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The complex includes 255,000 sq ft of office space across five inter-linked buildings, together with associated facilities including a gym, restaurant, meeting rooms and business centre with more than 830 car parking spaces.
Occupiers include Carfinance247, SoftCat and Global Banking School as well as Supreme Child Care, RMB Solicitors, First Choice Accountants, Mobile 9 Workshop and Albaaz Security.
Founded in 1989, MCR Property Group is a real estate investment and development company focused on acquiring commercial, residential, industrial and retail assets across the UK.
Its portfolio also includes The Pentagon Centre, Gould Street and The Wharf.
CBRE's Manchester-based investment properties team had been marketing Universal Square.
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