Summary
Partner in p3 property consultants llp, expert commercial property agents who, acting on behalf of a diverse range of private and public sector clients, specialise in acquiring, letting and selling commercial property.
Specialising in development consultancy, acquisition, sale and letting of commercial property throughout Manchester and the North West. Email: [email protected] Tel: 07812 971 560
1. DEVELOPMENT CONSULTANCY - making sure that the end product of the development process is correctly aligned to meet the needs of both the anticipated user market and the long term institutional owner, advising on:
• Site identification, assembly and purchase
• Architectural scoping, evaluation and master planning.
• Briefing, selection and appointment of the professional team
• Specification for market and financial viability appraisals
• Quantitive and qualitative supply / demand market analysis and forecasting
• Input to design team meetings, value assembly and value engineering
• Marketing strategy and pre-letting agency
2. PROPERTY ACQUISITIONS – representing office occupiers and tenants in the freehold or leasehold acquisition of new commercial premises, advising on:
• Development of the key objectives, timing and project strategy
• Existing tenure commitments & disposal options
• Future wants - v - needs space use studies
• Benchmarking options & requirements criteria
• Candidate property market search/long listing/suitability analysis/short listing
• Financial terms analysis, lease terms/deal negotiation/ liaison with solicitors
• Fit-out options, migration and end of lease liabilities
Expertise
Specialising in development consultancy, acquisition, sale and letting of commercial property throughout Manchester and the North West. Email: [email protected] Tel: 07812 971 560
1. DEVELOPMENT CONSULTANCY - making sure that the end product of the development process is correctly aligned to meet the needs of both the anticipated user market and the long term institutional owner, advising on:
• Site identification, assembly and purchase
• Architectural scoping, evaluation and master planning.
• Briefing, selection and appointment of the professional team
• Specification for market and financial viability appraisals
• Quantitive and qualitative supply / demand market analysis and forecasting
• Input to design team meetings, value assembly and value engineering
• Marketing strategy and pre-letting agency
2. PROPERTY ACQUISITIONS – representing office occupiers and tenants in the freehold or leasehold acquisition of new commercial premises, advising on:
• Development of the key objectives, timing and project strategy
• Existing tenure commitments & disposal options
• Future wants - v - needs space use studies
• Benchmarking options & requirements criteria
• Candidate property market search/long listing/suitability analysis/short listing
• Financial terms analysis, lease terms/deal negotiation/ liaison with solicitors
• Fit-out options, migration and end of lease liabilities
Experience
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P3 Property Consultants LLP
Partner
2007 - Current
Peter Gallagher joined Dunlop Heywood, the North West's leading practice of Chartered Surveyors, in 1972 and completed training cycles in several different disciplines including Valuation, Landlord & Tenant, Asset and Estate Management, Planning, Rating, Compensation and Land Surveying. Then specialising as a commercial agent and promoted to head of the offices team, Peter was instrumental in the drive to position the company as the market leader in development-led office agency. The overall direction of the company’s NW Agency Division was under his leadership for nearly three decades during which the company was involved in most of the new development projects that changed the office landscape of the City beyond all recognition. A born and proud Mancunian, Peter now works on a broad range of strategic agency projects, development and marketing consultancies, covering all types of mixed-use commercial property but retaining a specialism in high-value offices. Peter has built a highly respected reputation advising on the complexities of pre-build development consultancy and pre-let agency, acting for both occupiers and owners. His personal clients include prominent private as well as public sector bodies. Following the acquisition of Dunlop Heywood by the ill-fated Erinaceous Group, he was for a while a member of the national business development team and head of a team responsible for liaison with the overseas offices of the NAI Global ‘managed network’ Association. Peter left Erinaceous in 2007, at odds and disillusioned with the London-centric ownership, direction and management of the business and in early 2008 with a number of former colleagues, was a founding Partner of the independent agency p3 property consultants llp, NW specialists in acquisitions, leasing and disposal agency, development funding and marketing consultancy. In recent years handling approaching 1.75M sq.ft. of new, Grade A office transactions has made Peter a very experienced local consultant in these particular fields. Landmark city centre office projects include identifying, assembling and acting for the pre-let tenant consortium (Price Waterhouse, Ernst & Young and Addleshaws) at the 200,000 sq.ft. Barbirolli Square, an off-market 80,000 sq.ft. pre-letting for Direct Line on Quay Street and over 1M sq.ft. of pre-let transactions at Spinningfields to the likes of Royal Bank of Scotland, Halliwells, Guardian Media Group, Deloitte, HSBC, Grant Thornton etc. Current acquisitions work includes acting for the partners of Pannone LLP in their search for a new 100,000 sq ft city HQ and working 'client-side' on Bupa’s requirement for a new 140,000 sq ft NW regional facility. Recent development projects include Manchester Business Park, Kingsway Rochdale, Hale Barns Shopping Centre and a string of new City Centre offices buildings such as 40 Spring Gardens, Belvedere and AXIS.
Clubs and Associations
Peter is a well known local, regional and national property figure amongst developers and intermediaries, a member of the BCO (British Council for Offices), a past member of Property Week’s Editorial Board, a member of the Greater Manchester Chamber of Commerce, a member of pro.manchester SME Club and a founding member of MOAF (Manchester Office Agents Forum).
Interests and Hobbies
Father, grandfather, Trout and Bass fisherman, wilderness walker and committed fan of Manchester football (red).
