Leeds business park fully let as final deal secured
A final letting of 4,880 sq ft at Leeds Valley Park in Leeds has been secured, taking the site to full occupancy.
CBRE’s Leeds office agency team, acting on behalf of Harbert Management Corporation (Europe) LLC and XLB Property, secured the deal with an existing occupier.
The park is now fully let, hailed as a success for XLB and Harbert Management Corporation (Europe), which acquired three buildings at Leeds Valley Park in December 2014 as part of a larger UK portfolio from Goodman. At purchase, the park the vacancy rate stood at 34%.
The latest deal follows on from a recent letting to Lowell in October 2016 which leased an additional 45,647 sq ft of offices within the Darwin Building. Lowell already occupied the Ellington House Building at the park.
Jonathan Shires, senior director of office agency at CBRE’s Leeds office, said: “We are delighted to confirm full tenancy at Leeds Valley Park, a huge success story for XLB and Harbert Management Corporation (Europe) LLC. The strategic location combined with high quality Grade A office accommodation and excellent connectivity to the region’s transport network, makes Leeds Valley Park the ideal location for businesses. The recent lettings success demonstrates the continued demand for good quality office space within the Leeds City Region.”
CBRE and Savills act for XLB Property and Harbert Management Corporation (Europe).
