Another office letting at 196 Deansgate

CEG has announced that international biotech company Proteintech is the latest tenant to sign up to 196 Deansgate in Manchester city centre.

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The US-based organisation has chosen 196 Deansgate as its new European headquarters, relocating from Manchester Science Park on Oxford Road. Proteintech have taken 4,631 sq ft on the fourth floor of the building on a five-year lease.

Founded in Chicago in 2002 as a start-up company, Proteintech manufactures and supplies antibodies to the medical and life science research community around the world.

The news comes weeks after global digital agency McCann Manchester also announced that it was relocating its Manchester office to 196 Deansgate. The building is undergoing a £2.3 million refurbishment programme, which will deliver a new reception space and substantial refurbishment works to the first and second floors to bring them up to the same Grade ‘A’ specification as the rest of the building.

Speaking about the latest signing, Greg Lacey, investment Manager at CEG, said: “Momentum is really starting to build at 196 Deansgate as we near the launch of the first and second floors in July. The businesses that have chosen to make this their home have not had to compromise on location, the standard of accommodation nor on the character of the building itself as 196 retains a wealth of stunning architectural features. With another deal in legals on the third floor we hope to announce further lettings prior to practical completion.”

Situated at the junction of Deansgate and Quay Street, 196 Deansgate provides approximately 48,000 sq ft high quality office space over five upper floors with 17,784 sq ft retail space on the ground floor.

Suites from 2000 sq. ft. to the entire two floors of 20,000 sq. ft. are available at a quoting rental of £22.50 per sq. ft.