Downing has appointed DTZ to market the sale of Liverpool’s iconic Third Grace, the Port of Liverpool Building.
The developer bought the waterfront block – adjacent to the Cunard Building and the Royal Liver Building – in 2001 and spent £8.5m on refurbishment work.
A company spokesperson said: “The Port of Liverpool Building is one of the centrepieces of Liverpool’s UNESCO world heritage waterfront and we are proud custodians, investing heavily to restore the building to its original glory and to bring it up to Grade-A equivalent standard. It now provides modern commercial office space to a number of companies.
“The building is now 92% let and with the current market upturn for prime property assets, we think the time is right to market this remarkable asset.”
It was originally designed by Sir Arnold Thornley and was built in 1904 to house the headquarters of the Mersey Docks & Harbour Board.
MDHB moved out in 1994 and the building is now multilet.
