Post by Kev on Jan 21, 2004 10:58:01 GMT -5
The famous building at the centre of The 51st States escape scene has been sold!
.......for £45m in the city's biggest property transaction.
The 350,000 sq ft architectural gem in Water Street has been bought by London-based property f irm, The Paci f ic Group of Companies.
It has been sold by offshore company Elan Investments, a property business which used London-based Fordgate Group to manage the building.
A senior executive from Pacific was in Liverpool yesterday to meet agents who have acted for the previous owners and to look at the firm's latest acquisition.
The eight-storey India Building is Liverpool's biggest office complex and its sale sets a new record for a property transaction in the area.
The biggest previous transaction was last year, when Manchester-based Bruntwood bought 100 Old Hall Street, home of the Littlewoods empire, for around £25m.
One of India Building's biggest occupants, the Passport Office, will be vacating its 60,000 sq ft of space when new offices at Beetham Tower in Old Hall Street are completed in the coming months.
.......for £45m in the city's biggest property transaction.
The 350,000 sq ft architectural gem in Water Street has been bought by London-based property f irm, The Paci f ic Group of Companies.
It has been sold by offshore company Elan Investments, a property business which used London-based Fordgate Group to manage the building.
A senior executive from Pacific was in Liverpool yesterday to meet agents who have acted for the previous owners and to look at the firm's latest acquisition.
The eight-storey India Building is Liverpool's biggest office complex and its sale sets a new record for a property transaction in the area.
The biggest previous transaction was last year, when Manchester-based Bruntwood bought 100 Old Hall Street, home of the Littlewoods empire, for around £25m.
One of India Building's biggest occupants, the Passport Office, will be vacating its 60,000 sq ft of space when new offices at Beetham Tower in Old Hall Street are completed in the coming months.
