Boultbee Brooks Real Estate appoints OBI Property as Project Manager for the Refurbishment of 24 – 30 Brown Street, Manchester

3 July 2015 (London and Hereford) – Boultbee Brooks Real Estate (BBRE), the UK based real estate investor/developer who recently purchased 24 – 30 Brown Street, Manchester for £6.5 million, is pleased to announce that OBI Property has been appointed to lead the comprehensive refurbishment of the building 24 Brown Street.

BBRE intends to completely remodel the building including new open services, a new façade and an additional floor to increase the net internal area to 48,000 sq. ft. A planning application will be submitted by the end of the summer. Once complete the building will comprise retail/leisure units on the ground floor, with offices on the floors above.

Andrew Cowell, who works in the Transactions and Asset Management team at OBI Property said: “BBRE is a significant and successful owner and developer of some of the most exciting and innovative workspaces in London’s Ccity fringe markets and other key markets. It is a testament to the dynamism of Manchester’s office market that the firm is looking to make major investments in the city. We are really excited to be delivering a stunning Grade A specification in a sophisticated, design- led fashion.”

BBRE is a privately owned property company with a development and investment portfolio valued at approximately £350 million. The company, which is a major landlord in the Shoreditch and Clerkenwell areas of London where many of their its tenants are fast growing digital and creative firms, also recently purchased Croxley House in Manchester.

Dominic Horridge, Director, OBI Property said: “We are delighted BBRE have appointed OBI to project manage the remodelling of the building. It has a huge amount of potential and we are looking forward to creating another exciting workspace in the city.”

OBI Property has assembled the project team which includes PRP Architects, Tier Consult Structural Engineers and REDS as M&E consultants.

Roger James, Development Director at BBBRE said: “We have been seeking development opportunities in Manchester for some time. 24 – 30 Brown Street provides the perfect building opportunity for us BBRE to work withand OBI in to delivering some of the city’s most impressive and innovative workspace.”

OBI Property was set up in 2010 and is a commercial real estate firm which provides innovativeproviding innovative solutions to its landlord and occupier clients.

For more information contact:

Christine Elsasser
Boultbee-Brooks Real Estate
+44(0) 20 73498454
Email: Christine@bbre.co.uk

Brunswick Group
+44(0) 207 404 5959
Email: Boultbee@brunswickgroup.com

Boultbee-Brooks Real Estate
+44(0) 20 73498454
Email: Christine@bbre.co.uk

Brunswick Group
+44(0) 207 404 5959
Email: Boultbee@brunswickgroup.com