Downtown Asset Management Ltd (DAM), part of the McGoff Group, has acquired a stunning riverside office in Salford.
The new office, which is 1,700 sq ft and can house 12 individuals comfortably, was purchased, designed and fitted out by the Group, signalling an investment of circa £400,000.
DAM was established in 2019 and over the course of the last four years has experienced much success, growing steadily year-on-year both in terms of securing new projects to service, manage and maintain, and expanding its talented team.
From a standing start with no office and just two members, DAM now has 12 directly employed individuals, and with several schemes in its portfolio, required a permanent city centre base.
The riverside office on Woden Street was ideal; it’s well located on the banks of the River Irwell on the Salford/Manchester border and is spacious enough for further growth.
Strategically, the new office provides a convenient base for the DAM team to service Downtown Manchester, an established scheme of 374 apartments, which is situated beside it. It is also only a short distance from Downtown Victoria North, the Group’s latest city centre residential development of 237 properties on Rochdale Road, which is currently under construction.
Other projects in DAM’s portfolio currently include residential schemes in Altrincham, Lymm and Adel, Yorkshire, all easily accessible from the new office.
Paul Danks, managing director of Downtown Asset Management, says: “The launch of DAM’s riverside office is a significant moment for the Group and a real testament to the amazing work of our team.
“DAM was initially established with investment from the Group to support the needs of our Downtown Manchester investors and ultimately assist with delivering the promised level of investment return. Providing a comprehensive asset management service including, but not limited to, development appraisals, sales, lettings, property management, building management and recently, a fully inclusive and dedicated marketing and customer experience provision, the team have successfully exceeded requirements across all aspects.
“It’s great to be able to provide a permanent base in a prime location for us to deliver our exciting pipeline of work, including Downtown Victoria North, our 237 apartment scheme that is currently under construction on Rochdale Road.”
Downtown Asset Management (DAM) forms part of the McGoff Group. Operating from its Head Office at St George’s Court in Altrincham, the McGoff Group is a £150m collective of like-minded businesses with a seamless ability to acquire, design, build, operate and maintain across targeted healthcare, residential and commercial sectors making it the favoured choice for clients, funders, joint venture partners and supply chain partners alike.
Driven by second-generation family values, innovation, excellence and operational expertise, the McGoff name signifies quality, agility and an unbreakable force that is well equipped to sustain the business for future generations to come.
