Stockport investors continue to expand across the North

Following the successful proposals to transform the former M&S building in Stockport, Glenbrook Investments makes further purchase of retail, leisure and office space in Leeds.

Manchester-based Glenbrook Investments has expanded its portfolio in Yorkshire with a £6.7m purchase of a leisure, retail and office space.

The recently purchased Albion Court located in Leeds City Centre, which is part-grade II listed and extends to 31,400 sq ft, . The property sits at the busy junction of Albion Place and Lands Lane in Leeds city centre, overlooking the popular pedestrianised courtyard to the north of Trinity Shopping Centre.

Last month, Glenbrook submitted a planning application for a new employment park in Wigan, Greater Manchester, which has the potential to create up to 1,200 jobs, including more than 130 jobs and apprenticeships during construction. The proposals include plans for the 40-acre site which has been allocated for employment use in Wigan Council’s unitary development plan since 2006.

In April Glenbrook Investments completed the acquisition of Springfields Retail Park in Newcastle Under Lyme in an off-market transaction for £8million. The deal follows on from the £4.9million acquisition of St Mary’s Gate Retail Park in Rochdale and Units 1 and 2 at Mariner’s Way in Preston from Threadneedle’s UK Property Authorised Investment Fund in March.