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Browne Jacobson secures Renold relocation to Trident Park

29 April 2015

Browne Jacobsons Manchester based real estate team has advised international engineering group Renold on a ten-year lease at Manchester Airports Trident Business Park.

The newly refurbished office space will be the companys new headquarters comprising 10,000 square feet. Renold will relocate from its current location and BJs also advised on their exit of their existing property arrangements.

Founded in 1879 Renold is one of the worlds leading manufacturers of industrial chain, gearboxes and couplings for use in power transmission, lifting, conveying and processing applications for the transportation, energy, steel and mining sectors. The company operates in approximately 20 countries and employs more than 2,500 people.

Dominic Buckley, Property Associate at Browne Jacobson who led on the deal, said:

"We are delighted to have assisted Renold in securing an exciting new lease agreement that that meets their long term objectives. We are looking forward to supporting them further in the future as they execute their strategic growth plan."

A spokesperson from Renold said: "Browne Jacobson fully understood our needs and worked closely with us on this important project to deliver practical and prompt commercial advice. We have subsequently instructed them to advise and successfully deliver other transactions involving our estate."

The deal is Property Alliance Groups second letting at Trident Park who purchased the complex earlier this year. DWF advised Property Alliance Group.

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